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CIMA BA1 - Fundamentals of Business Economics BA1 - Fundamentals of Business Economics Dumps in PDF

Free CIMA BA1 - Fundamentals of Business Economics Real Questions (page: 3)

Page 3 of 95 BA1 - Fundamentals of Business Economics PDF — 468 Questions

QUESTION: 11 Exam Topic: 1, Exam Pool A

If a government adopted a fiscal policy of cutting its budget deficit, the aggregate demand and supply model shows that the result would be:

a shift in the aggregate demand curve to the right, a fall in output and employment and a rise in the price level
a shift in the aggregate demand curve to the left, a fall in output and employment and a fall in the price level
a shift in the aggregate demand curve to the left, a fall in output and employment and a rise in the price level
a shift in the aggregate demand curve to the right, a rise in output and employment and a rise in the price level

Answer(s): B

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QUESTION: 12 Exam Topic: 1, Exam Pool A

Which of the following is most likely to lead an economy to suffer high unemployment?

Withdrawals exceeding injections
Aggregate demand exceeding aggregate supply
Injections exceeding withdrawals
A fiscal deficit

Answer(s): A

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QUESTION: 13 Exam Topic: 1, Exam Pool A

Which one of the following would raise both national income and disposable income ?

An increase in transfer payments
A reduction in rates of personal income tax
An increase in business profits
A rise in the rates of personal income tax

Answer(s): C

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QUESTION: 14 Exam Topic: 1, Exam Pool A

In the aggregate supply and demand model, a significant rise in the cost of energy for industry would lead to the

Aggregate supply curve moving to the right
Aggregate supply curve moving to the left
Aggregate demand curve moving to the right
Aggregate demand curve moving to the left

Answer(s): B

Reveal Solution Next Question

QUESTION: 15 Exam Topic: 1, Exam Pool A

Part of a country's unemployment figures will consist of people moving between jobs.
Which type of unemployment is this?

Structural unemployment
Cyclical (or demand deficient) unemployment
Frictional unemployment
Real wage unemployment

Answer(s): C

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