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on 11-Oct-2015 (Sun)

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Flashcard 150902465

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
The reduction in consumer and producer surplus due to underproduction or overproduction is called a [...],
Answer
deadweight loss

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The reduction in consumer and producer surplus due to underproduction or overproduction is called a deadweight loss,

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Flashcard 150902483

Tags
#cfa #deadweight-loss #economics
Question
In economics, a deadweight loss (also known as excess [...] or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable.
Answer
burden

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In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable.

Original toplevel document

Deadweight loss - Wikipedia, the free encyclopedia
loss created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. <span>In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable. Causes of deadweight loss can include monopoly pricing (in the case of artificial scarcity), externalities, taxes or subsidies, and binding price ceilings or floors (including minimum wa






Flashcard 150902489

Tags
#cfa #deadweight-loss #economics
Question
In economics, a deadweight loss (also known as excess burden or allocative [...]) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable.
Answer
inefficiency

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In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable.

Original toplevel document

Deadweight loss - Wikipedia, the free encyclopedia
loss created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. <span>In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable. Causes of deadweight loss can include monopoly pricing (in the case of artificial scarcity), externalities, taxes or subsidies, and binding price ceilings or floors (including minimum wa






Flashcard 150902495

Tags
#cfa #deadweight-loss #economics
Question
In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when [...].
Answer
equilibrium for a good or service is not achieved or is not achievable

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Parent (intermediate) annotation

Open it
In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable.

Original toplevel document

Deadweight loss - Wikipedia, the free encyclopedia
loss created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus. <span>In economics, a deadweight loss (also known as excess burden or allocative inefficiency) is a loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is not achievable. Causes of deadweight loss can include monopoly pricing (in the case of artificial scarcity), externalities, taxes or subsidies, and binding price ceilings or floors (including minimum wa






Flashcard 150916759

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Do accounting costs include the interest cost on debt financing?
Answer
Yes.

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Flashcard 150916768

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
Do accounting costs include payments to the firm's equity owners as a return on their invested capital?
Answer
No.

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Annotation 150922910

all words have "ogden" tag
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Ogden's Basic English
ake a learnable list of all possible uses of words like "let" or "take"? How about phrasal verbs? Still, this list is better than nothing as a starting point, so I tagged most words from his list for learning: <span>all words have "ogden" tag they all have one of extra tag: "ogden-things", "ogden-picturable", "ogden-qualities-general" and "ogden-qualities-opposite", respectively I tried