How is the term “Geopolitics” defined according to the CFA Institute?
In the CFA level I curriculum, there is a reading dealing with Geopolitics. Which of the following sentences better defines this important concept? a) It is the study of how international relations and politics affect geography. b) It is the study of how geography affects politics and international relations. c) It is the study of
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What are the main roles of central banks?
According to the CFA Institute, we can determine seven roles accomplished by Central Banks all over the world. Which of this roles is specifically associated to helping to prevent bank runs? a) Monopoly supplier of the currency. b) Banker to the government and other banks. c) Lender of last resort. https://vimeo.com/manage/videos/952328484
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How to differentiate between fiscal policy and monetary policy?
Which of the following sentences better reflects the difference between monetary and fiscal policy? a) Fiscal policy is related changes in government spending and target interest rates with an objective of affecting the level of aggregate expenditures. b) Fiscal policy is related changes in government spending and taxes with an objective of affecting the level
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How to differentiate between factors that affect short-term and long-term growth, and factors that affect only the short-term growth?
How to differentiate between factors that affect short-term and long-term growth, and factors that affect only the short-term growth? a) Political Developments. b) Changes in Technology. c) Fiscal and Monetary Policy. https://vimeo.com/manage/videos/938305963
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How can we determine if a firm is facing a perfectly competitive environment or an imperfectly competitive environment?
Under profit-maximizing conditions, firms can be classified as operating in either a perfectly competitive or an imperfectly competitive environment. Which of the following sentences help us to differentiate between both environments? a) In a perfectly competitive environment, firms face a perfectly inelastic, vertical demand curve, so the firm’s MR (Marginal Revenue) and the price of
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