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Basic Question 1 of 8
Which statement is false?
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.
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 just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
describe various types of business models
CFA® 2025 Level I Curriculum, Volume 2, Module 7.