Cima pass4future cima Certificate Ba1 New Questions by Cassidy q140 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:	cassidy

Question 16

During recessions many governments borrow to give them funds to increase government expenditure on job creation schemes. They then repay the borrowed funds during the boom phase. This is an example of which of the following?

Options:

Aggregation

Medium term borrowing

Funding

Open market operations

Discussion

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Question 17

The incentive for two countries to trade with each other would be reduced or removed by

(i). people in both countries having similar tastes and preferences

(ii). per capita income being much higher in one country than in the other

(iii). transport costs between the two countries exceeding the output gain from trade

(iv). the industries in both countries suffering from significant decreasing returns to scale

Options:

(i) and (ii) only

(ii) and (iv) only

(iii) and (iv) only