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1. Standard I(C) of the CFA Handbook prohibits plagiarism in the preparation of material for distribution to employers, associates, clients, prospects, or the general public. Which of the following is NOT plagiarism according to the CFA Handbook:

a. Using excerpts from articles or reports prepared by others with only slight changes in wording without acknowledgment

b. Sifting through research and repackaging it for clients

c. Copying materials prepared by others without acknowledging the source of the material

d. Preparation of a research report based on multiple sources of information without acknowledging the sources

e. Using in substantially the same form materials prepared by others and presenting it as one’s own work

2. Which of the following is true about earnings and productivity?

When workers are more productive, the demand for their services will be higher.

In order to earn a large income, one must provide large benefits to others.

High productivity (a large output per hour worked) is the key to high earnings for both individuals and countries.

All of the above are true.

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