Currency Regimes - Dollarization and Monetary Union：union,EcuadorPanamamonetary union alone cannot confer credit-worthiness.

The Relationship Between Fiscal and Monetary Policy：Policyassumption is made that wages and prices are rigid

Factors Influencing the Mix of Fiscal and Monetary Policy：Monetary Policy;by the political context.:Both fiscal and monetary policies suffer from;lack of precise knowledge of where:studyNoaccommodation.

Monetary Transmission Mechanism：The central bank’s,policy rate works through the economy via any one:following interconnected channels;rateThe expectations of economic agents.

Monetary Policy Tools：Monetary Policy Tools:one of three ways;openmanipulation of official reserve requirements.

Limitations of Monetary Policy：Quantitativemoney by expanding credit.

Monetary and Fiscal Policy：an economic environment where growth is stable and positive and inflation is stable and low.

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

What members and candidates should notice in CFA examinations?：or security of the CFA examinations.（不能惡心CFA），考試不能作弊:考試內(nèi)容要保密:A. No.:Responsibilities as a CFA Institute Member.right④Case

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. （不能使用以前的推薦或者研究報(bào)告,因?yàn)闆]有支持?jǐn)?shù)據(jù)）For future use,CFA

How to identifying the actual investment client and voting proxy policies?：管理個(gè)人資產(chǎn)→資產(chǎn)所有人就是客戶”管理信托資產(chǎn)→信托的最終受益人才是客戶。要求公司的養(yǎng)老金管理人使用萬(wàn)科的養(yǎng)老金收購(gòu)本公司股票，以資本增值為目的的買入行為是合理的。養(yǎng)老金管理人認(rèn)為萬(wàn)科未被低估,

What laws,rules, and regulations should be known by members and candidates?：rules，必須遵守直接相關(guān)的法律），but this may be advisable in some circumstances and required by law in others. （沒有要求一定要將違法行為報(bào)告政府）也會(huì)被認(rèn)為是參與違法行為）