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  2. CFA Certification
  3. CFA-Level-I Exam
  4. CFA.CFA-Level-I.v2022-03-26.q499 Dumps
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Question 491

In the mid-1990s, the United States considered requiring tomatoes to be stacked in boxes without padding. The effect of this regulation would have been to ruin vine-ripened tomatoes imported from
Mexico. Such an act is considered an example of a

Correct Answer: C
Non-tariff barriers are indirect regulatory restrictions on imports and exports. Shipping requirements are an example of this.
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Question 492

If an industry experience patterns that do not correlate well against the general economy but trend against other economic variables such as stock prices, it is categorized as

Correct Answer: C
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Question 493

A share repurchase may _____ EPS.
I). increase.
II). decrease.
III). have no effect on.

Correct Answer: C
The effect depends on whether the repurchase is financed internally or externally.
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Question 494

Points under the capital allocation line are ______ by investors.

Correct Answer: B
Investors can get a higher return for the same risk by moving up the capital allocation line.
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Question 495

In what sense is the mean of any distribution the "best guess" of the score of any single individual selected at random from the group?
I). In a series of such guesses, the sum of the errors in one direction will balance the sum of the errors in the other direction.
II). The mean score will occur more often than any other single score.
III). The chances are 50-50 that any individual will be above or below the mean.

Correct Answer: A
II and III are not necessarily true with distributions other than normal distributions.
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