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Basic Question 1 of 8

Which statement is false?

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 was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

describe various types of business models

CFA® 2024 Level I Curriculum, Volume 2, Module 7.