can anyone explain why C is the answer. Statement 1 says the real returns are currently higher in Canada than in the United States but I see Real returns in US being 2.5% vs 2.2% in Canada so I would think that statement is incorrect. Unless they are assuming only the statement and not the numbers they provide in Exhibit 1 I do not understand. Also what is everyones opinion on the difficulty on 2010 mock compared to 2011? A.M. I am over 80% compared to mid 60% for this year. Very frustrating to see such wild swings in scores…One day I feel good then I get crushed the next.
Good question. I assume they want you to ignore that table above, since both are valid justiications. One thing I have taken away from the CFAI mock is not to try to out-think the questions. Sometimes there is not a trick…