Free CIMA CIMAPRA17-BA1-1-ENG Exam Questions
Absolute Free CIMAPRA17-BA1-1-ENG Exam Practice for Comprehensive Preparation
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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: Sep 04, 2026
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Rated: 4.9 |
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Online Users: 942
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Question 1
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A business sells 10,000 units of its product pet month at a unit price of $10 It reduces the pnce to $88,000 per unit As a result its total reviewed $88,000 per month. What is the price elasticity of demand for this product?
Answer: D
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A business sells 10,000 units of its product pet month at a unit price of $10 It reduces the pnce to $88,000 per unit As a result its total reviewed $88,000 per month. What is the price elasticity of demand for this product?
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Question 2
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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 3
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In a recession which ONE of the following would be likely to experience the largest fall in demand for its products?
Answer: A
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In a recession which ONE of the following would be likely to experience the largest fall in demand for its products?
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Question 4
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When central banks adopt a policy of 'quantitative easing' this means that they:
Answer: C
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When central banks adopt a policy of 'quantitative easing' this means that they:
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Question 5
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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: