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NEW QUESTION: 1
Mark Taber, CFA, is the Chief Investment Officer of the Taber Emerging Markets Fund, (TEMF). Taber uses a top-down approach to investing in countries. By interviewing government officials and the managements of foreign companies, Taber often gains economic and investment insights not yet fully understood by the foreign market. Taber is currently researching a potential investment in the emerging market country of Alphia. Taber travels to Ullom, the capital of Alphia, to discuss past, present, and future economic growth theory development with Dr. Raman Satish, managing director of the Alphia Economic Development Agency (AEDA).
Dr. Satish starts the conversation with Taber by discussing the three great growth cycles that the Alphian economy has experienced over the past 120 years: (1) the classical growth era, (2) the neoclassical growth era, and (3) the new growth era. Taber takes down the following statements from the meeting with Dr. Satish's meeting.
1. The Classical Growth Era of Alphia (1850-1950)
This hundred-year era was noted for periodic high levels of population growth and the sporadic introductions of technology. The average Alphianian's income was very modest and the standard of living remained almost the same over the 100-ycar period, except when new technology was introduced. Dr.
Satish cites the example of the one-time introduction of electricity to the Alphian economy from 1947 to
1950. E

2. The Neoclassical Growth Era o/Alphia (1951-1990)
During the neoclassical growth period, Alphia experienced a period of great economic growth. For example, from 1986 to 1990, Alphia's capital per hour of labor grew at a 9% annual rate, while real GDP grew at 7% per annum.
Also, Alphia was able to achieve economic growth rates and income levels comparable with many of its neighboring countries during the neoclassical growth period. Alphian scientists, together with the engineering department of the University of Ullom, provided access to the finest technology in the world. In addition, Alphia opened up its equity markets to outside investors and allowed its currency to float. Dr.
Satish believes that, given time, these capital market improvements should allow the Alphian economy to achieve an economic growth rate and per capita income level comparable to any country in the world.
To understand the role of technology in the growth of the Alphian economy (using neoclassical growth theory assumptions), the following table was developed to show the increased productivity of Alphian farmers using disease resistant grains. Assume new disease resistant grain technology was introduced into the Alphian farm economy at Point A.

3. The New Growth Era (1991-Today)
Since the Alphian energy crises of the late 1980s, the economy has been in transition. The AEDA goal is to have more than 50% of Alphian GDP coming from what we now call knowledge capital based industries by the year 2020. Given the large and growing population and their constant need for health care, the pharmaceutical industry was Alphia's first knowledge capital based industry. Dr. Satish believes that a focus on knowledge capital will enhance the long term growth prospects of Alphia's economy.
Alphia has access to the same world class technology and capital markets as its more advanced neighbors. Dr. Satish expects Alphia's economic growth rate and income level to converge to that of richer countries over time. Indicate v/hether convergence with richer countries is likely or unlikely. Convergence is:
Based on the neoclassical growth model, indicate at what point the Alphian farmers would find economic equilibrium after the introduction of disease resistant grains.
A. Point C.
B. Point B.
C. Point A.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Equilibrium in the neoclassical model occurs when the target rate of return equals the real interest rates equal the target interest rates. Real interest rates are those rates achieved in the market, while target interest rates are those rates of return the investor wishes to earn. Equilibrium occurs at Point A and at Point C However, as a result of adding disease resistant grain to the Alphian farmers, these farmers are operating on a higher productivity curve than the original Point A At Point B the real interest rate is higher than the target interest rate, inducing more capital to be invested. At Point C the target rate of interest is equal to the real rate of interest, creating an equilibrium. (Study Session 4, LOS l4.d)

NEW QUESTION: 2
True or False, during the disaster recovery drill, to you want to switch the service to the disaster recovery end.
In order to prove the reliability of the disaster recovery system, you need to test by simul-ation test and other
means as much as possible.
A. True
B. False
Answer: B

NEW QUESTION: 3

A. Option D
B. Option C
C. Option B
D. Option A
Answer: C

NEW QUESTION: 4
AWS에서 실행되는 웹 애플리케이션이 반복되는 IP 주소 집합의 악의적 인 요청으로 스팸을 받았습니다.
애플리케이션을 보호하고 악성 트래픽을 차단하는 데 도움이 되는 AWS 서비스는 무엇입니까?
A. AWS IAM
B. AWS WAF
설명
AWS WAF는 애플리케이션 가용성에 영향을 미치거나 보안을 손상 시키거나 과도한 리소스를 소비 할 수 있는 일반적인 웹 악용으로부터 웹 애플리케이션을 보호하는 데 도움이되는 웹 애플리케이션 방화벽입니다. AWS WAF를 사용하여 웹 애플리케이션에 액세스하는 트래픽을 제어하는 사용자 지정 가능한 웹 보안 규칙을 정의 할 수 있습니다. AWS Shield Advanced를 사용하는 경우 보호 된 리소스에 대해 추가 비용없이 AWS WAF를 사용할 수 있으며 DRT를 사용하여 WAF 규칙을 생성 할 수 있습니다.
C. Amazon Simple Notification Service (Amazon SNS)
D. Amazon GuardDuty
Answer: B