Equilibrium GDP and Prices：4 Short-run stagflation

Equilibrium GDP and Prices - Recessionary Gap：more pessimistic consumers and businesses:InterestThis suggests the following investment strategy

Equilibrium GDP and Prices - Long-Run Equilibrium：Equilibrium GDP and Prices - Long-Run Equilibrium,Inpracticemeasure with precision.

Equilibrium GDP and Prices - Inflationary Gap：lower taxes:Interestespecially longer-maturity.Raise exposure to speculative fixed-income securities junk bonds.

Calculation of GDP – Income Approach：+,SomeNationalincome=government

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

Calculation of GDP – Expenditure Approach：+data sources. The difference is accounted for by a statistical discrepancy.

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