Free CTFA Exam Braindumps (page: 8)

Page 8 of 113

The phase of the economic cycle when levels of employment and production are low and economic growth is at a virtual standstill or even negative is called:

  1. Growth
  2. Expansion
  3. Recession
  4. Depression

Answer(s): D



Gross domestic product is:

  1. The total of all goods and services produced in a country used to monitor economic growth
  2. The half of all goods and services produced in a country used to monitor economic growth
  3. The division of all goods and services produced in a country used to monitor economic growth
  4. None of the above

Answer(s): A



It is a measure of inflation based on changes in consumer goods and services:

  1. Consumer price Index
  2. Customer price Index
  3. Market rate Index
  4. Market value

Answer(s): A



Inflation is a vital concern to financial planning. It affects not only what we pay for our good s and services but also what we earn in our jobs. The amount of goods and services each dollar buys at a given time is:

  1. Purchasing power
  2. Seller's demand
  3. Market value
  4. Sales purchase difference

Answer(s): A



Page 8 of 113



Post your Comments and Discuss ABA CTFA exam with other Community members:

JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
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JUAN commented on June 28, 2023
aba questions to practice
UNITED STATES
upvote

Alo commented on November 12, 2018
we shall see, just downloaded. Will report back
Anonymous
upvote