Measures of Central Tendency：mean is the sum of the observations divided by the number of observations.:In:an odd-numbered sample of n items,The0.8% higher than the mean for Portfolio R.

Definitions of Money：entire range of liquid assets that can be used to make purchases.

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.

Measures of Sustainable Growth：One way is to use the growth accounting equation. Problem:real GDP that a worker can produce in one hour of work.KLPotential GDP = Aggregate hours worked × Labor productivity

Contractionary and Expansionary Monetary Policies：Policies,monetary policy:central banks may increase liquidity by cutting their target rate.

Why members and candidates must make disclosure of all matters ?：and their employer. （所有可能和客户、潜在客户、雇主产生利益冲突的事项都要进行披露）Must ensure that such disclosures are prominent,必须披露）The best practice is to assign another to follow up the company.;

Why members and candidates must develop and maintain appropriate records?：actions,Cannot usehistoricalrecommendations or research reports created at the previous firm because the supporting documentation is unavailable. （不能使用以前的推荐或者研究报告,因为没有支持数据）For future use,CFA

What’s the responsibility of supervisors?：does not relieve them of their supervisory responsibility. （可以转委托他人监管，但必须指示明确且对转委托负责）,应拒绝承担监管者责任）,

What's the meaning of “Additional compensation”?：their employer’s interest （该准则约束的是,如果收取相关好处：会影响雇主利益的情况）unless they obtain written consent from all parties involve.，CFA

What's the meaning of independence and objectivity in professionalism?：or consideration that reasonably could be expected to compromise their own or another’s independence and objectivity.（那些被合理认为将会影响独立客观的威逼利诱都要不为所动）,但在他人眼中会影响独立性也不行）可能的话事先披露给雇主告诉雇主是为了引起雇主的同意

What laws,rules, and regulations should be known by members and candidates?：rules，必须遵守直接相关的法律），but this may be advisable in some circumstances and required by law in others. （没有要求一定要将违法行为报告政府）也会被认为是参与违法行为）

How to understand the Code of ethics and trust in the investment profession?：I,Professionalism:II:IIIIVVVIVIIResponsibilities as a CFA member or candidate