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Basic Question 0 of 23

A financial economist runs the following regression:

Demand for cars = alpha + beta*income level + error

In this regression, the demand for cars is ______ variable and the income level is ______ variable.

A. dependent; dependent.
B. dependent; independent.
C. independent; independent.

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Edward Liu

Edward Liu

Learning Outcome Statements

explain the selection of an optimal portfolio, given an investor's utility (or risk aversion) and the capital allocation line

CFA® 2025 Level I Curriculum, Volume 2, Module 1.