Series 66 Economic Factors Practice Questions
I · Economic factors and business information · 8 of 100 scored questions
Ten Series 66 questions on economic factors and business information, untimed, with a worked answer after each one.
Or take the full Series 66 mock examAn investment adviser representative wants to add one asset to a client's equity portfolio to reduce portfolio volatility as much as possible. The candidates have identical expected returns and standard deviations. Which correlation with the existing portfolio is MOST desirable?
Economic factors and business information on the Series 66
Section I of the Series 66 (8 scored questions) covers economics, financial statements, quantitative analysis and the types of investment risk.
- Outline
- I: Business cycles, monetary and fiscal policy, financial statements, time value of money, statistics and risk types
- Share of the exam
- I Economic factors and business information: 8 of 100 scored questions (8%)
- Our drill
- 10 questions from 18 on this topic, untimed, a worked answer after each; one free attempt, unlimited with a pass
What to know
- Leading indicators (building permits, the S&P 500, new orders) turn before the economy; coincident indicators (industrial production, personal income) move with it; lagging indicators (unemployment duration, the prime rate) turn after.
- The Federal Reserve tightens by raising the federal funds target, selling securities in open-market operations or raising the discount rate.
- Present value = future value ÷ (1 + r)^n. Net present value above zero means an investment earns more than the discount rate; internal rate of return is the rate that makes NPV zero.
- Standard deviation measures total volatility; beta measures volatility relative to the market; a correlation of −1 gives the greatest diversification benefit.
- The current ratio, quick ratio and debt-to-equity ratio come from the balance sheet; earnings per share and margins come from the income statement.
Test yourself on economic factors and business information
Ten Series 66 questions on economic factors and business information, untimed, with a worked answer after each one.
Or take the full Series 66 mock examCommon questions
How many economic factors and business information questions are on the Series 66?
Section I is 8 of the 100 scored questions (8%).
Are these real Series 66 questions?
No. FINRA and NASAA do not release exam questions. These are original practice questions written to the official content outline, with a worked explanation and the rule behind every answer.
More Series 66 topics
Outline and exam facts checked November 2026: FINRA: Series 66 exam · NASAA Series 66 content outline · NASAA Series 66 study guide · NASAA: Exam FAQs.
Original independent practice questions written to the published NASAA content outline. Not affiliated with or endorsed by FINRA or NASAA.