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最新的 CIMA Business Accounting BA1 免費考試真題:

1. A country has a trade deficit. The demand for its imports and exports are both price elastic. All of the following would lead to an a reduction in the country's trade deficit except which one?

A) An improvement in the country's terms of trade.
B) A fall in consumer incomes in the country.
C) A rise in the rate of inflation in its trading partners' economies.
D) A depreciation in the exchange rate for the country's currency.

2. The existence of a natural rate of unemployment means that

A) there is no trade-off between inflation and unemployment in the long run.
B) governments cannot reduce unemployment below this level.
C) nominal wages rise faster the prices in the long run.
D) the short run Phillips curve is steeper that the long run Phillips curve.

3. An important distinction between a free trade area and a customs union is that

A) Only a customs union is an example of a multilateral trading agreement
B) Only a free trade area allows free internal trade in services as well in goods
C) Only a free trade area involves common economic policies
D) Only a customs union erects a common external tariff

4. An institution offers an 8 percent compound interest rate annually for six years, for an investment of S250,000 What is the total amount of interest that would be received over the six years'?

A) $396718.58
B) $120.000 00
C) $146,718.58
D) $370,000.00

5. When faced with a recession, the appropriate combination of policies for a government in order to generate a recovery is

A) Tax cuts, reduced public expenditure and lower interest rates.
B) Monetary expansion, increases in public expenditure and an appreciation of the exchange rate.
C) Tax cuts, monetary expansion and a depreciation of the exchange rate.
D) Reduction of the fiscal deficit and increased money supply.

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