题目内容

Vishal Chandarana, an unemployed research analyst, recently registered for the CFA Level I exam. After two months of intense interviewing, he accepts a job with a stock brokerage company in a differen

A. Misconduct
B. Loyalty to Employers
C. Reference to the CFA Program

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When an analyst is unsure of the underlying population distribution, which of the following is least likely to increase the reliability of parameter estimates?

A. Increase in the sample size
B. Use of point estimates rather than confidence intervals
C. Use of the t-distribution rather than the normal distribution to establish confidence intervals

If a government increases its spending on domestically produced goods by an amount that is financed by the same increase in taxes, the aggregate demand will most likely:

A. increase
B. decrease
C. Remain unchanged

Which of the following is least likely to be directly reflected in the returns on a commodity index?

A. Roll yield
B. Changes in the spot prices of underlying commodities
Changes in the futures prices of commodities in the index

Pia Nilsson is a sole proprietor investment advisor. The economic recession has reduced the number of clients she advises and caused revenues to decline. As a result, Nilsson has not paid her CFA Inst

A. Nonpayment of CFA Institute membership dues
B. Attributing her superior returns to participation in the CFA Program
C. Indicating that being a CFA charter-holder has enhanced her portfolio management skills

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