Online Access Free CFA.CFA-Level-I.v2022-01-06.q288 Practice Test (Page 48)

CFA-Level-I Exam Question 231

The staff of a company is 45% female. The probability of a female requesting a sick leave is 12% versus 10% for males. An individual who requested a sick leave was randomly selected from the staff of this company. The probability that this individual is a female would be closest to:

A.45%

B.50%

C.55%

CFA-Level-I Exam Question 232

Suppose the quantity of x is measured on the horizontal axis. If the income consumption curve is vertical, then the income elasticity of demand for x is

A.-1

B.0

C.1

CFA-Level-I Exam Question 233

A corporation's free cash flow is its:

A.Cash flow from operating activities less all cash payments for investing and financing activities.

B.Cash flow from operating activities that is not subject to income taxes.

C.Cash flow from operating activities available after basic business obligations have been met.

CFA-Level-I Exam Question 234

The demand curve of a monopolist is

A.downward sloping and above the marginal revenue curve.

B.downward sloping and below the marginal revenue.

C.identical to the demand curve faced by individual price-taker firms.

CFA-Level-I Exam Question 235

Import restrictions on pepper would

A.decrease the demand for pepper.

B.increase the market price for pepper.

C.at first, increase supply of pepper.

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