CIMAPRA17-BA1-1-ENG Dumps

CIMAPRA17-BA1-1-ENG Braindumps CIMAPRA17-BA1-1-ENG Real Questions CIMAPRA17-BA1-1-ENG Practice Test CIMAPRA17-BA1-1-ENG Actual Questions

CIMA

CIMAPRA17-BA1-1-ENG

Fundamentals of Business Economics

https://killexams.com/pass4sure/exam-detail/CIMAPRA17-BA1-1-ENG

Question: 90

A business would benefit most from an appreciation in the currency of the country in which it is based if: A . it exports to other countries a significant proportion of its output

B . it imports a high proportion of the raw materials and components it uses C . in its domestic market it faces competition from imports

D . its production costs are largely domestic labor costs

Answer: B

Question: 91

All of the following could cause the onset of a recession except which one? A . A significant appreciation of the exchange rate

B . A decline in business investment

C . A significant fall in personal savings rates

D . An increase in the government budget deficit

Answer: C

Question: 92

All of the following items would appear as a credit on the current account of a country’s balance of payments accounts except which one?

A . Interest payments on financial assets held overseas. B . Exports of manufactured goods.

C . Outflows of capital.

D . Expenditure by visiting foreign tourists.

Answer: C

Question: 93

When the economy is in recession, which of the following is least likely to reduce unemployment? A . An expansionary fiscal policy

B . The central bank cutting interest rates

C . Retraining schemes for redundant workers

D . A regulation extending employment rights for newly-hired workers

Answer: D

Question: 94

All of the following would lead to fall in the circular flow of national income except which one ? A . A fall in business investment

B . A fall in personal savings rates

C . A reduction in the level of government expenditure D . A rise in the marginal propensity to save

Answer: D

Question: 95

The imposition of a tariff on imported goods by a country’s government will result in all of the following except one. Which ONE is the exception?

A . A shift in domestic income from consumers to producers of the goods

B . A rise in the domestic price of the imported good

C . Greater cost push inflationary pressure in the economy

D . A shift to the left in the demand curve for the imported good

Answer: D

Question: 96

Which global financial institution is responsible for providing stabilization funding to assist developed and developing countries with short term borrowing needs and needs for foreign currency?

A . The IMF

B . The World Bank

C . The World Trade Organization D . The G20

Answer: A

Question: 97

Which of the following statements about supply-side economics is correct? A . Supply-side policies are part of aggregate demand management policies. B . Fiscal policy cannot be used as a part of supply-side policy

C . Supply-side economists always reject the use of policy to expand demand

D . Supply-side policies are used to improve the economy’s efficiency and competitiveness

Answer: D

Question: 98

If an economy went into a recession, which industry would experience the largest proportionate fall in sales, output and employment?

A . Retail supermarkets

B . Food processing industry C . Petrol retailing

D . Luxury good manufacturers

Answer: D

Question: 99

All of the following are regarded as objectives of profit seeking organizations except one. Which ONE is the exception?

A . Raising shareholder wealth

B . Long term growth in sales

C . Meeting regulatory, accounting and reporting standards D . Maximizing profit

Answer: C

Question: 100

Select the best definition of a regressive tax from the options below: A . A tax which rises proportionately with income

B . A tax which rises more than proportionately with income C . A tax which rises less than proportionately with income D . A tax on expenditure

Answer: C

6$03/( 48(67,216

7KHVH TXHVWLRQV DUH IRU GHPR SXUSRVH RQO\ )XOO YHUVLRQ LV XS WR GDWH DQG FRQWDLQV DFWXDO TXHVWLRQV DQG DQVZHUV

.LOOH[DPV FRP LV DQ RQOLQH SODWIRUP WKDW RIIHUV D ZLGH UDQJH RI VHUYLFHV UHODWHG WR FHUWLILFDWLRQ H[DP SUHSDUDWLRQ 7KH SODWIRUP SURYLGHV DFWXDO TXHVWLRQV H[DP GXPSV DQG SUDFWLFH WHVWV WR KHOS LQGLYLGXDOV SUHSDUH IRU YDULRXV FHUWLILFDWLRQ H[DPV ZLWK FRQILGHQFH +HUH DUH VRPH NH\ IHDWXUHV DQG VHUYLFHV RIIHUHG E\ .LOOH[DPV FRP

$FWXDO ([DP 4XHVWLRQV .LOOH[DPV FRP SURYLGHV DFWXDO H[DP TXHVWLRQV WKDW DUH H[SHULHQFHG LQ WHVW FHQWHUV 7KHVH TXHVWLRQV DUH XSGDWHG UHJXODUO\ WR HQVXUH WKH\ DUH XS WR GDWH DQG UHOHYDQW WR WKH ODWHVW H[DP V\OODEXV %\ VWXG\LQJ WKHVH DFWXDO TXHVWLRQV FDQGLGDWHV FDQ IDPLOLDUL]H WKHPVHOYHV ZLWK WKH FRQWHQW DQG IRUPDW RI WKH UHDO H[DP

([DP 'XPSV .LOOH[DPV FRP RIIHUV H[DP GXPSV LQ 3') IRUPDW 7KHVH GXPSV FRQWDLQ D FRPSUHKHQVLYH FROOHFWLRQ RI TXHVWLRQV DQG DQVZHUV WKDW FRYHU WKH H[DP WRSLFV %\ XVLQJ WKHVH GXPSV FDQGLGDWHV FDQ HQKDQFH WKHLU NQRZOHGJH DQG LPSURYH WKHLU FKDQFHV RI VXFFHVV LQ WKH FHUWLILFDWLRQ H[DP

3UDFWLFH 7HVWV .LOOH[DPV FRP SURYLGHV SUDFWLFH WHVWV WKURXJK WKHLU GHVNWRS 9&( H[DP VLPXODWRU DQG RQOLQH WHVW HQJLQH 7KHVH SUDFWLFH WHVWV VLPXODWH WKH UHDO H[DP HQYLURQPHQW DQG KHOS FDQGLGDWHV DVVHVV WKHLU UHDGLQHVV IRU WKH DFWXDO H[DP 7KH SUDFWLFH WHVWV FRYHU D ZLGH UDQJH RI TXHVWLRQV DQG HQDEOH FDQGLGDWHV WR LGHQWLI\ WKHLU VWUHQJWKV DQG ZHDNQHVVHV

*XDUDQWHHG 6XFFHVV .LOOH[DPV FRP RIIHUV D VXFFHVV JXDUDQWHH ZLWK WKHLU H[DP GXPSV 7KH\ FODLP WKDW E\ XVLQJ WKHLU PDWHULDOV FDQGLGDWHV ZLOO SDVV WKHLU H[DPV RQ WKH ILUVW DWWHPSW RU WKH\ ZLOO UHIXQG WKH SXUFKDVH SULFH 7KLV JXDUDQWHH SURYLGHV DVVXUDQFH DQG FRQILGHQFH WR LQGLYLGXDOV SUHSDULQJ IRU FHUWLILFDWLRQ H[DPV

8SGDWHG &RQWHQW .LOOH[DPV FRP UHJXODUO\ XSGDWHV LWV TXHVWLRQ EDQN DQG H[DP GXPSV WR HQVXUH WKDW WKH\ DUH FXUUHQW DQG UHIOHFW WKH ODWHVW FKDQJHV LQ WKH H[DP V\OODEXV 7KLV KHOSV FDQGLGDWHV VWD\ XS WR GDWH ZLWK WKH H[DP FRQWHQW DQG LQFUHDVHV WKHLU FKDQFHV RI VXFFHVV

7HFKQLFDO 6XSSRUW .LOOH[DPV FRP SURYLGHV IUHH [ WHFKQLFDO VXSSRUW WR DVVLVW FDQGLGDWHV ZLWK DQ\ TXHULHV RU LVVXHV WKH\ PD\ HQFRXQWHU ZKLOH XVLQJ WKHLU VHUYLFHV 7KHLU FHUWLILHG H[SHUWV DUH DYDLODEOH WR SURYLGH JXLGDQFH DQG KHOS FDQGLGDWHV WKURXJKRXW WKHLU H[DP SUHSDUDWLRQ MRXUQH\

'PS .PSF FYBNT WJTJU IUUQT LJMMFYBNT DPN WFOEPST FYBN MJTU

.LOO \RXU H[DP DW )LUVW $WWHPSW *XDUDQWHHG