CFA — Chartered Financial Analyst Market Practice Questions
The free CFA — Chartered Financial Analyst questions that deal with market, with answers and explanations. The full bank and the timed practice test cover every topic the exam asks about.
Question #2
Which of the following is a characteristic of a perfectly competitive market?
Correct answer: A
Explanation
In a perfectly competitive market, there are no barriers to entry, allowing free market access.
Question #8
Which of the following best describes a bear market?
Correct answer: A
Explanation
A bear market is characterized by a decline in stock prices, typically defined as a drop of 20% or more.
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