Cima dumpsboss changed Ba1 Exam Questions by Morgan q421 vce pdf

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Exam Name:	Fundamentals of Business Economics
Exam Code:	BA1 Dumps
Vendor:	CIMA	Certification:	CIMA Certificate
Questions:	468 Q&A's	Shared By:	morgan

Question 40

Commercial banks can create credit because:

Options:

central banks are 'lenders of last resort' and provide commercial banks with cash when needed

banks are required to hold enough capital to meet bad debts.

banks hold accounts at the central bank which are available as cash.

customers only want some of their deposits in the form of cash in any given period.

Discussion

Question 41

Which of the following describes the slope of a normal supply curve?

Options:

Upwards from right to left.

Upwards from left to right.

Downwards from left to right.

Downwards from right to left.

Discussion

Question 42

Based on a trade balance between Country A and Country B over a ten year period, the underlying trend of the trade balance is represent equation

-114.027 -1.47x

where x is the time period expressed in years.

Assuming an additive forecasting model, with a seasonal factor of 82 6, then the forecast for year 2016, in whole units is:

Questions 42

Options:

Discussion

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Question 43

Assume the demand for cheese is price elastic. Which of the following describes the effect of a rise in demand for cheese?

Options:

Higher price, more sold, fall in revenues of cheese makers

Higher price, less sold, fall in revenues of cheese makers

Higher price, more sold, rise in revenues of cheese makers