Free CIMA CIMAPRA17-BA1-1-ENG Exam Questions
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CIMA CIMAPRA17-BA1-1-ENG Exam Questions
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Provided By: CIMA
- Exam: BA1 - Fundamentals of Business Economics (2017 SYLLABUS) (Online)
- Certification: CIMA Certificate in Business Accounting
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Total Questions: 471
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Updated On: Apr 11, 2025
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Rated: 4.9 |
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Online Users: 942
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Question 1
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Which of the following are the likely consequences, in the domestic of a county, of an increase in interest rates?1. A rise in demand for capital goods2. A fall in demand for consumer good.3. A fall in demand for housing4. A rise in the exchange rate.
Answer: D
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Question 2
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Company A is looking to protect itself from transaction exchange rate risk.Company A does not require 100% of the value of transaction to be protected, and it would like the method it uses to have the following characteristics* An agreed exchange rate for a specified period where both parties have a legal obligation* A separation of the contract guaranteeing the pnce of the currency from the underlying transaction.Which of the following would best provide the type of protection from exchange rate risk company A wants?
Answer: C
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Question 3
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The business sector will be affected by a contraction in the money supply because
Answer: C
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The business sector will be affected by a contraction in the money supply because
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Question 4
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If the government imposed a legal minimum wage that was above the market equilibrium wage, the resulting unemployment would be the greatest when:
Answer: B
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If the government imposed a legal minimum wage that was above the market equilibrium wage, the resulting unemployment would be the greatest when:
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Question 5
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A regressive tax is defined as one where:
Answer: C
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A regressive tax is defined as one where: