econ — CFA Level I Practice Questions

46 free CFA Level I questions on econ: 14 easy, 23 medium, and 9 hard, every one exam-realistic and fully explained once you sign in. This is the fastest way to turn econ from a weakness into a scoring area — drill it in 10-question reps with immediate feedback.

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1. If inflation is 2.40%, the exact real return is closest to:
2. If Oakridge Capital achieves a nominal return of 5.00% and inflation is 2.50%, what is the exact real return?
3. Helion Rail's fixed income portfolio returns a nominal 5.20%. With inflation at 1.70%, the exact real return i
4. The profit per unit is:
5. Which of the following describes the 'kinked demand curve' model in an oligopoly?
6. The exact real rate is closest to:
7. If they both follow a 'Maximin' strategy, the outcome will be:
8. To find the EUR/JPY cross-rate, the analyst should:
9. If Vesper Foods' government imposes a tariff on imported grain, the most likely domestic outcome is:
10. Vesper Foods sees EUR/USD = 0.9250 and USD/GBP = 1.2800. The EUR/GBP cross-rate is:
11. Oakridge Capital notices that the 270-day forward rate for EUR/USD is 1.1200. The spot rate is 1.1000. If the
12. The cross-rate is:
13. The JPY/EUR cross-rate implied by the first two quotes is:
14. A central bank at a fictional country significantly increases its target interest rate. All else equal, this a
15. In a Nash equilibrium payoff matrix, a 'dominant strategy' is one that:
16. Meridian Pack notes EUR/GBP = 1.1500 and USD/GBP = 1.2500. The USD/EUR cross-rate is:
17. If the local inflation rate was 3%, the real total return is closest to:
18. If the corporate tax rate is 25% on all interest income and expected inflation is 3.0% annually, which of the
19. Meridian Pack and Helion Rail are duopolists. If they move from a Nash equilibrium to a successful collusive a
20. According to covered interest rate parity, the one-year USD/EUR forward rate is closest to:
21. Juniper Health consumes imported medical supplies. If the price of these imports rises while domestic prices r
22. Which of the following would cause a change in 'quantity demanded' for Sable Payments' services rather than a
23. The value of the GDP deflator is closest to:
24. Which of the following items is most likely included in the calculation of the Consumer Price Index (CPI) but
25. Which metric is generally considered a better measure of the total income available to a country's residents?
26. By doing so, it most likely:
27. If the USD/EUR exchange rate increases from 1.0850 to 1.1200, the percentage depreciation of the U.S. Dollar i
28. During an economic downturn, the total amount of unemployment insurance paid to workers in the Juniper Health
29. A currency's spot rate is 1.50 USD/GBP and the 12-month forward rate is 1.53 USD/GBP. This indicates that the
30. According to the principle of covered interest rate parity, if the 12-month interest rate in the United States