CFA Level I sample question

CFA Level I Understanding Business Cycles question

Economics / Understanding Business Cycles

No-login practice

Understanding Business Cycles sample question

Choose an answer before revealing the explanation, key takeaway, and answer-choice review.

Question 1 of 1Score 0/1
Very Difficult

Economics

Understanding Business Cycles

Late in an expansion, capacity utilization reaches a cycle high, overtime hours rise, and firms report increasing difficulty hiring skilled labor. The most likely macroeconomic implication is:

Report an issue

Question of the Week

Get one CFA Level I question by email

Receive a weekly practice question with answer-choice explanations and a short takeaway.