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CIMA BA1 - Fundamentals of Business Economics BA1 - Fundamentals of Business Economics Exam Questions in PDF

Free CIMA BA1 - Fundamentals of Business Economics Dumps Questions (page: 2)

Page 2 of 95 BA1 - Fundamentals of Business Economics PDF — 468 Questions

QUESTION: 6 Exam Topic: 1, Exam Pool A

On an aggregate demand and aggregate supply diagram, cost-push inflation is shown by

A leftward shift of the short-run aggregate supply curve
A rightward shift of the aggregate demand curve
A rightward shift of the long-run aggregate supply curve
A leftward shift of the aggregate demand curve

Answer(s): A

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QUESTION: 7 Exam Topic: 1, Exam Pool A

Which of the following best defines "aggregate supply"?

The stock of output available for sale in an economy
The full employment level of output of the economy
The flow of goods and services produced by an economy during the year
The level of prices at which output can be sold in an economy

Answer(s): C

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QUESTION: 8 Exam Topic: 1, Exam Pool A

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

A fall in business investment
A fall in personal savings rates
A reduction in the level of government expenditure
A rise in the marginal propensity to save

Answer(s): D

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QUESTION: 9 Exam Topic: 1, Exam Pool A

The level of national income in the circular flow will remain constant if

injections are greater than withdrawals
injections are equal to withdrawals
injections are equal to savings
injections plus withdrawals are equal to savings plus investment

Answer(s): B

Reveal Solution Next Question

QUESTION: 10 Exam Topic: 1, Exam Pool A

The equilibrium level of national income in an economy is the level of income at which

Full employment occurs
There is zero inflation
Total planned spending equals the supply of output available
The government's budget and the balance of payments are both exactly balanced

Answer(s): C

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