CIMA certification practice

CIMAPRA17-BA1-1 Practice Questions

Try 10 free CIMAPRA17-BA1-1 exam-style questions for BA1 - Fundamentals of Business Economics. Check each answer and review the explanation and source references.

Exam code
CIMAPRA17-BA1-1
Provider
CIMA
Free questions
10
Full set
468 questions
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rson's correlation coefficient between the number of shirts sold per day (x) and the number of jackets sold per day (y), across its eight stores (n=8). CIMA CIMAPRA17 BA1 1 question What is the Pearson's correlation coefficient? Give your answer to two decimal places.
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The government of Vencia has set out in its Budget a restrictive set of fiscal policies. These include raising VAT and the basic rate of income tax to 25%. The Bank of Vencia must now implement this Budget as monetary policy. Which of the following best outlines how the Bank of Vencia might do this?
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VapNat, an e-cigarette store, has experienced a steep decline in sales over the past six months, despite the economy in general performing well. Which of the following are most likely to have contributed to such a decline? Select ALL that apply.
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Company X's government has seen the the balance of payments deficit steadily rising while they have been in power. Which of the following would be a good policy to implement to counteract this?
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Which of the following is NOT achieved by the price mechanism in a market economy?
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Which ONE of the following would be expected to reduce the net present value of a proposed investment project? A rise in
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Which of the following have been recommended in order to prevent a repeat of the 2008 financial crisis?
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A bottle of brandy costs £25 in Country X, including both unit tax and ad valorem tax. These taxes are applied throughout the production process. Which of the following applies to this particular scenario? Select ALL that apply.
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West Morton Rail has calculated that the number of passengers travelling on their railway increases during school holidays, while the inverse is true for most other railways in the country. Which of the following is the most likely reason for this unusual correlation?
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The interest rate at TrowBank is currently running at 7%. The number of customers borrowing to invest has fallen drastically. Which of the following explains why this is the case? Select ALL that apply.
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