The Objectives of Monetary Policy：associated goal of controlling inflation.

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

The Money Creation Process：1 divided by the reserve requirement is the money multiplier.

The Functions of Money：iii. be easily divisible;provides society with a convenient measure of value and unit of account.

The Fisher Effect：The Fisher:interest in an economy is stable over time so that changes in nominal interest rates are the result;premium.premium to compensate them for uncertainty.

The Construction of Price Indexes：be used to average the different prices.:index.the basket.

The Fiscal Multiplier：Wheret = tax rate

The New Classical School：an approach to macroeconomics that seeks the:Money,technologymodelslow-to-adjusteconomy is weak.

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.

What are the responsibilities of the members in reference to the CFA Institute?：Once accepted as a member:每年交述職報(bào)告和年費(fèi)but must not over promise the competency and future investment results.Case

What are the ethics and trust in the investment profession？：Global investment performance standards（GIPS）= 比例低，也并非所有的不道德都是違法君子有所不為的決策是更好的決策更符合stakeholder利益的決策

What’s the responsibility of supervisors?：does not relieve them of their supervisory responsibility. （可以轉(zhuǎn)委托他人監(jiān)管，但必須指示明確且對(duì)轉(zhuǎn)委托負(fù)責(zé)）,應(yīng)拒絕承擔(dān)監(jiān)管者責(zé)任）,