Free Questions › CFA › Economics

Free CFA Economics Practice Questions & Answers

2,050 exam-style Economics questions. Pick your answer, hit Check answer, and see the worked solution — free to start, no signup.

100% free · No login to start

Question 661

A desirable attribute of tax policy is simplicity, meaning:

Select an option first.

Question 662

Efficiency in tax policy means:

Select an option first.

Question 663

A philosophical debate in tax policy concerns whether taxes should:

Select an option first.

Question 664

Fairness in tax policy includes:

Select an option first.

Question 665

Progressive taxes mean:

Select an option first.

Get the full CFA question bank — free

Drop your email and we'll send you fresh CFA practice questions, fully worked solutions and exam-deadline reminders. No spam — unsubscribe in one click.

Want to save your score and take a full mock exam? Create a free account →

Question 666

Revenue sufficiency means tax policy should:

Select an option first.

Question 667

A conflict in tax policy may arise because:

Select an option first.

Question 668

Supply-side economists argue that income taxes:

Select an option first.

Question 669

The Laffer Curve suggests that:

Select an option first.

Question 670

Fairness analysis of tax systems requires:

Select an option first.

Question 671

Many countries analyze tax changes by:

Select an option first.

Question 672

Tax reform debates include whether:

Select an option first.

Question 673

Another tax reform debate concerns whether:

Select an option first.

Question 674

Indirect taxes have the advantage that they:

Select an option first.

Question 675

Indirect taxes can also be used to:

Select an option first.

Question 676

A disadvantage of direct taxes is that they:

Select an option first.

Question 677

Welfare and social transfers are difficult to change quickly because:

Select an option first.

Question 678

Capital spending plans take longer to implement because:

Select an option first.

Question 679

A criticism of active fiscal policy is that:

Select an option first.

Question 680

Despite long lags, capital spending is valuable because:

Select an option first.

Question 681

Indirect taxes are often used for social purposes because:

Select an option first.

Question 682

Direct taxes affect behavior because they:

Select an option first.

Question 683

Vertical equity means:

Select an option first.

Question 684

Horizontal equity means:

Select an option first.

Question 685

A tax system that is too complex violates the principle of:

Select an option first.

Question 686

A tax that treats similar taxpayers differently violates:

Select an option first.

Question 687

A tax that places a heavier burden on the rich supports:

Select an option first.

Question 688

A regressive tax means:

Select an option first.

Question 689

A tax that raises insufficient revenue violates:

Select an option first.

Question 690

A tax that is easy to evade violates:

Select an option first.

Before you go, can we ask you one thing?

Thank you

Free CFA Economics Practice Questions & Answers

Privacy Preference

Before you go, can we ask you one thing?

Thank you