CFA考试资料答案R11 Economic Growth and the Investment Decision - Answers.pdf
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Question #1 of 40 Question ID: 1208702
Hannah Burton is a xed income analyst and has questioned her supervisor as to why she needs to spend
so much time forecasting potential GDP and its growth rate. Her supervisor replies:
Positive growth in potential GDP leads to an expectation of rising income, leading in turn to higher
current savings. Positive growth in potential GDP therefore implies higher real asset returns and higher
real interest rates.
Hannahs supervisor is least accurate regarding:
7
A) higher real asset returns 3
2
1
B) higher current savings q
i
s
C) higher real interest rates u
m
Explanation :
t
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