Cfa Level 1 Cfai Mock Exam I Questions With 100% Correctand Verified Answers 2025

Cfa Level 1 Cfai Mock Exam I
Questions With 100% Correctand
Verified Answers 2025
Caniyouiinitiateicoverageioniaicompanyithatiisiaipotentialicli
ent?i-iCORRECTiANSWERS-Yesi-
iasilongiasitheirecommendationiisinotiunjustifiablyifavorable



TenderiOffersi-iCORRECTiANSWERS-Mat.,inon-pubiinfoi-
>ican'tiuse!

ToibeiGIPSicompliant,iaifirmimustiadopt:i-
iCORRECTiANSWERS-theibroadestidefinitioniofitheifirm



*presentediannually,itoialliclients

Doiyouihaveitoirevealireferralifeesieveniifi$iisn'tiactuallyiexch
anged?i-iCORRECTiANSWERS-yesi(duh)

Remember:iifithereiisitotalidisregardiforiethicsifromiBOTHiy
ouribossiandicompliance,iyouiareirecommeneditoi-
iCORRECTiANSWERS-quititheijob



Fori3rdipartyiresearch..i-iCORRECTiANSWERS-
youimustidoidueidiligence

theiwidthiofiaiconf.iintervaliforiaipop.imeaniisismalleriifitheis
ampleisizeiis:i-iCORRECTiANSWERS-
largerianditheidegreeioficonf.iisilower

ifitheigivenip-valueiisigreaterithanitheileveliofisignificancei-
iCORRECTiANSWERS-theinullihyp.icannotibeirejected



toigetitheicompoundiROR,iuseithei-iCORRECTiANSWERS-
geometricimean




vendarsol

, exhaustiveieventsi-iCORRECTiANSWERS-
wheniallipossibleioutcomesiareicovered

BayesiFormulai=i-iCORRECTiANSWERS-
P(eventi/
iinformation)i=iPi(informationi/

iEvent)i/iP(information))ixiP(Event)


Ifitheipricesiofisubstituteiresourcesidecreas,itheidemandifori
aigiveniresourceiwillimostilikelyi-iCORRECTiANSWERS-
decrease

*aidec.iinitheipriceiofiaisub.iwouldiinduceiconsumersitoiuseit
heisub.igood,ireducingidemandiforitheigoodiiniquestion

GDPimeasuresithei-iCORRECTiANSWERS-
agg.iincomeiearnedibyiallihouseholds,iallicompanies,iandithe
igovt



*iticanialsoibeidefinediasitheimarketivalueiofiallifinaligoodsia
ndiservicesiproducediinitheieconomyiiniaigiveniperiodiofitim
e

unemploymentiratei=i-iCORRECTiANSWERS-unemployed/
laboriforce

shortiruniinitialieffectiofidemandipulliinflationiisianiincreasei
in:i-iCORRECTiANSWERS-
commodityipricei(demandipulliincreasesiADi-
ithisileadsitoianiincreaseiinicommod.iprices)



ailiquidityitrapiisiassociatediwithi-iCORRECTiANSWERS-
deflation

Withistableiinflation,iaitightifiscalipolicyiaccompaniedibyieas
yimonetaryipolicyiwilli-iCORRECTiANSWERS-
increaseitheiprivateisectorishareiofiGDP




vendarsol