CFA 2017 Level 1 Schweser Notes Book 2

... real income decline? Nominal GDP Q (base) 9 81 Q1 993 Q2 1, 0 01 Q3 1, 042 Q4 1, 040 GDP Deflator 10 0 10 1 10 6 11 1 10 7 * all four quarters * none of these answers is correct * 2,3 * only * 2,3,and * ... this period? * 4. 51% * 7.88% * 12 . 21% * 30.00% * 6. 61% That answer is incorrect Correct answer: 6. 61% The calculation is as follows: (36 /10 )^ (1/ 20) -1= 0.06 61 -Which of the following ... (76 63)/76 = 17 .11 % The labor force participation rate is defined as the fraction of able-bodied adults who are part of the labor force The working definition of adults used by Dept of Labor is...