The demand for a given resource will most likely decrease if the prices of its substitute resources and complementary resources, respectively:
Prices of substitute resources Price of complementaryThe demand for a given resource will most likely decrease if the prices of its substitute resources and complementary resources, respectively:
Prices of substitute resources Price of complementary
A. Increase Increase
B. Increase Decrease
C. Decrease Increase
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Patricia Nelson, CFA, was informed by one of her clients that if Nelson could get the performance of the client firms pension portfolio above that of the Standard & Poors average by year end, the
A. Must inform her employer of this agreement but does not need consent.
B. May inform her employer by e-mail of this agreement and must receive written consent.
C. Must inform her employer of this agreement but may accept it with verbal consent.
Compared to a univariate normal distribution, the distinguishing feature of a multivariate normal distribution is the need to specify a parameter that is related to:
A. The mean of the individual random variables
B. The variance of the individual random variables
C. The correlation between individual random variables
The eight major provisions of the Global Investment Performance Standards (GIPS) at least include:
Alternative Assets.
B. Real Estate.
C. Private Equity.
According to the CFA Institute Standards of Practice handbook, insider trading is the least likely to be prevented by establishing:
A. Fire walls
B. Watch list
C. Selective disclosure