Identification of Market Structure – Econometric Method：Estimate the elasticityof demand and supply.;cross-sectional

The Costs of Inflation：inflation is the level of inflation that economic agents:expect in the future.;Unexpected;reduce the information content of market prices.

The Construction of Price Indexes：be used to average the different prices.:index.the basket.

The Advantages and Disadvantages of Using the Different Tools of Fiscal Policy：Different Tools of Fiscal Policy:DirectCapitalpowerful as the direct effects.

Analysis of Market Structure：2 The degree of product differentiation;4 The relative strength of the barriers to market entry and exit:monopoly.A[PracticeC.B

Phases Of the Business Cycle：peak,is declining.

What are the responsibilities of the members in reference to the CFA Institute?：Once accepted as a member:每年交述職報(bào)告和年費(fèi)but must not over promise the competency and future investment results.Case

How to understand the meaning of misrepresentation?：advertising,書面報(bào)告即使沒有發(fā)布也不行）”tablesstatisticsMay use other people’s work within the same firm without committing a violation. （同一公司的報(bào)告不用引用）

What are the ethics and trust in the investment profession？：Global investment performance standards（GIPS）= 比例低，也并非所有的不道德都是違法君子有所不為的決策是更好的決策更符合stakeholder利益的決策

What’s the responsibility of supervisors?：does not relieve them of their supervisory responsibility. （可以轉(zhuǎn)委托他人監(jiān)管，但必須指示明確且對(duì)轉(zhuǎn)委托負(fù)責(zé)）,應(yīng)拒絕承擔(dān)監(jiān)管者責(zé)任）,

What's the meaning of “market manipulation”?：distort prices or artificially inflate trading volume （扭曲價(jià)格、虛增交易量）:with the intent tomisleadmarket participants. （目的是誤導(dǎo)投資者）:如果達(dá)到一定的交易量可以減少傭金如果這種利益歸屬于客戶且披露了沒有違反市場(chǎng)操縱準(zhǔn)則）

How to understand the Code of ethics and trust in the investment profession?：I,Professionalism:II:IIIIVVVIVIIResponsibilities as a CFA member or candidate