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Basic Question 1 of 8
Which statement is false?
B. Different industries are likely to be sensitive to different macroeconomic variables.
C. It's easier to forecast long-term demographic factors than to forecast long-term macroeconomic factors.
A. Long-lived assets don't have cyclical demand.
B. Different industries are likely to be sensitive to different macroeconomic variables.
C. It's easier to forecast long-term demographic factors than to forecast long-term macroeconomic factors.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
Learning Outcome Statements
describe various types of business models
CFA® 2025 Level I Curriculum, Volume 2, Module 7.