CIMA BA1 - Fundamentals of Business Economics CIMAPRA17-BA1-1 Dumps in PDF

Free CIMA CIMAPRA17-BA1-1 Real Questions (page: 9)

Which of the following statements about macroeconomic policy objectives is correct?

  1. Governments always regard control of inflation as the most important policy objective
  2. Conflicts between objectives mean that macroeconomic policy can never be regarded as successful
  3. Expanding demand to reduce unemployment may mean that the balance of payments worsens
  4. The pursuit of economic growth inevitably increases unemployment

Answer(s): C



The existence of a natural rate of unemployment means that

  1. the short run Phillips curve is steeper that the long run Phillips curve.
  2. nominal wages rise faster the prices in the long run.
  3. governments cannot reduce unemployment below this level.
  4. there is no trade-off between inflation and unemployment in the long run.

Answer(s): D



Which of the following is not likely to result from a fall in the rate of interest?

  1. Increased consumption
  2. Increased investment
  3. A higher exchange rate
  4. An increase in aggregate demand

Answer(s): C



When the economy is in recession, which of the following is least likely to reduce unemployment?

  1. An expansionary fiscal policy
  2. The central bank cutting interest rates
  3. Retraining schemes for redundant workers
  4. A regulation extending employment rights for newly-hired workers

Answer(s): D



Select the best definition of a regressive tax from the options below:

  1. A tax which rises proportionately with income
  2. A tax which rises more than proportionately with income
  3. A tax which rises less than proportionately with income
  4. A tax on expenditure

Answer(s): C



Share your comments for CIMA CIMAPRA17-BA1-1 exam with other users:

A
Ashok Kumar
1/2/2024 6:53:00 AM

the correct answer to q8 is b. explanation since the mule app has a dependency, it is necessary to include project modules and dependencies to make sure the app will run successfully on the runtime on any other machine. source code of the component that the mule app is dependent of does not need to be included in the exported jar file, because the source code is not being used while executing an app. compiled code is being used instead.

M
Merry
7/30/2023 6:57:00 AM

good questions

V
VoiceofMidnight
12/17/2023 4:07:00 PM

Delayed the exam until December 29th.

U
Umar Ali
8/29/2023 2:59:00 PM

A and D are True

V
vel
8/28/2023 9:17:09 AM

good one with explanation

G
Gurdeep
1/18/2024 4:00:15 PM

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