- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 44. Economics and Investment Markets
- Subject 2. Default-Free Interest Rates and Economic Growth
CFA Practice Question
Consider the following statements.
II. A real risk-free interest rate will result in more volatility in real GDP growth.
I. A real risk-free interest rate will result in real growth in GDP.
II. A real risk-free interest rate will result in more volatility in real GDP growth.
A. Only statement I is true.
B. Only statement I is true.
C. Neither statement is true.
Explanation: Statement I is false. The opposite is true; an increase in real GDP growth will result in a higher real risk-free interest rate.
Statement I is also false. The opposite is true; an increase in the volatility of real GDP growth will result in a higher risk-free interest rate.
User Contributed Comments 1
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JNW1980 | Think something funny is going on here... |