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.

Theories of the Business Cycle - Neoclassical and Austrian Schools：hand,every good at which supply equals demand.:schoolto do in the recession phase is to allow the necessary market adjustment to take place as quickly as possible.

Theories of the Business Cycle - Keynesian School：would be hard to attain.:the economy is already recovering.

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:每年交述職報告和年費but must not over promise the competency and future investment results.Case

What’s the main idea of referral fee?：consideration,others for the recommendation of products or services. （他人支付或者向他人支付的介紹費，應(yīng)向雇主、客戶、潛在雇主披露）;

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

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轉(zhuǎn)委托負責(zé)）,應(yīng)拒絕承擔(dān)監(jiān)管者責(zé)任）,

What's the meaning of “Additional compensation”?：their employer’s interest （該準則約束的是,如果收取相關(guān)好處：會影響雇主利益的情況）unless they obtain written consent from all parties involve.，CFA

What's the meaning of “market manipulation”?：distort prices or artificially inflate trading volume （扭曲價格、虛增交易量）:with the intent tomisleadmarket participants. （目的是誤導(dǎo)投資者）:如果達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操縱準則）