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: Jun 05, 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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If a central bank wished to increase the supply of money and credit in the economy it would:
Answer: B
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If a central bank wished to increase the supply of money and credit in the economy it would:
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Question 2
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Central banks inspect and sometimes set minimum limits on the reserves held by commercial banks. Which ONE of the following statements is NOT a reason that central banks seek to influence the reserves of commercial banks?
Answer: C
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Central banks inspect and sometimes set minimum limits on the reserves held by commercial banks. Which ONE of the following statements is NOT a reason that central banks seek to influence the reserves of commercial banks?
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Question 3
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Globalization will have all the following effects on businesses except one. Which ONE is the exception?
Answer: C
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Globalization will have all the following effects on businesses except one. Which ONE is the exception?
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Question 4
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Which of the following would result from a depreciation in the exchange rate for a country's currency?i. A fall in the foreign exchange price of that country's exports.ii. A rise in the foreign exchange price of that country's imports.iii. A rise in production costs for businesses using imported inputs.iv. A worsening in that country's terms of trade.v. A fall in the domestic prices of that country's imports.vi. A rise in the domestic price of that country's exports.
Answer: B
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Question 5
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A wireless phone manufacturer currently sells 2,000 units per quarter at a price of $400 The estimated price elasticity of demand is -2.5.The manufacturer is considering an increase in the price to $440What will this raise (+) or reduce (-) total revenue by? Give your answer in whole numbers.
Answer: A
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