Rebalance and Reconstitution What's the difference？：Rebalance and Reconstitution What's the difference？

Portfolio Expected Return and Variance of Return：Return,RjFirst= 7.50 + 12.50 + 3.75 = 23.75.

Optimal Price and Output in Perfect Competition：costcompetitive firm earns zero economic profit in the long run.

Management Commentary or Management’s Discussion and Analysis：1 the nature of the business;2 management’s objectives and strategies:information.Off-balance-sheet obligations and about contractualreported financial results.

Shifts in the AD and AS curves and Equilibriums：A decrease in AD lowers real GDP:contractions are associated with rising inflation and interest rates.

Deficits and the Fiscal Stance：economy was at full employment or full potential output.

The Production Function and Potential GDP：labor:Two-factor production functionKdecline essentially to zero and there would be no long-term economic growth.result

Portfolio Expected Return and Variance of Return：= 8112 = 9. Thus:RjB.C.FirstEXY = EXEY

Deficits and the National Debt：Budget;Government revenue includes tax revenues net of transfer payments;An increase in a budget surplus would be associated with contractionary fiscal policy:uses.

What are the responsibilities of the members in reference to the CFA Institute?：Once accepted as a member:每年交述职报告和年费but must not over promise the competency and future investment results.Case

What members and candidates should notice in CFA examinations?：or security of the CFA examinations.（不能恶心CFA），考试不能作弊:考试内容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case

How to understand the guidance for Standards I–VII?：A.Promote financial integrity ad seek to prevent sand punish abuses in the financial markets,