Deficits and the Fiscal Stance：economy was at full employment or full potential output.

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

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

Resource Use through the Business Cycle：which will further increase AD. inventory rebuilding or restocking

Resource Use through the Business Cycle - Inventory：in inventory–sales ratiosinventories.

Phases Of the Business Cycle：peak,is declining.

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）,

What's the meaning of “Additional compensation”?：their employer’s interest （該準(zhǔn)則約束的是,如果收取相關(guān)好處：會(huì)影響雇主利益的情況）unless they obtain written consent from all parties involve.，CFA

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