Money-Weighted Rate of Return & Time-Weighted Rate of Return：[Solutions] C

Exchange Rates, International Trade, and Capital Flows：deficit surplus must be:Capitalapproachexpendituresaving decisions.

The Unemployment Rate：The Unemployment Rate:environment.measure the labor force in terms of the working-age population.constraints written into labor contracts that make layoffs expensive.

Nominal and Real Exchange Rates：Or:the cost of one unit of the base currency in terms of the price currency.:USDEUR exchange rate of 1.2875,in terms of the domestic currency.

The Neutral Rate：The neutral;underlying economy.:economyLong-runrates might make a bad situation worse.

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.

Foreign Exchange Market Participants：i.e.;buy FX products from the sell-side banks.:all other banks.

Foreign Exchange Market - Spot Rates and Forward Rates：called forward exchange rates.

Exchange Rate Quotations：In the quoting convention AB;always set at a quantity of one.:E.g. two-sided price in euro–Swiss CHFEURto buy EUR1.

The Central Bank’s Policy Rate：rate.a central bank can manipulate the amount of money in the money markets.

Exchange Rate Targeting：Exchange,volatile.policyvia market intervention.

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