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CIMA BA1 Exam With Confidence Using Practice Dumps

Exam Code:
BA1
Exam Name:
Fundamentals of Business Economics
Certification:
Vendor:
Questions:
468
Last Updated:
Jul 12, 2025
Exam Status:
Stable
CIMA BA1

BA1: CIMA Certificate Exam 2025 Study Guide Pdf and Test Engine

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Fundamentals of Business Economics Questions and Answers

Question 1

All of the following will tend to increase the number of firms in any one industry except which one?

Options:

A.

Decreasing returns to scale

B.

High transport costs

C.

Low barriers to entry

D.

Product differentiation

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Question 2

The equilibrium level of national income in an economy is the level of income at which

Options:

A.

Full employment occurs

B.

There is zero inflation

C.

Total planned spending equals the supply of output available

D.

The government's budget and the balance of payments are both exactly balanced

Question 3

Oxfam is a charity established to provide aid to the poor. Which ONE of the following statements about Oxfam is FALSE?

Options:

A.

It is a private sector organization

B.

It pursues social goals

C.

It is a not-for-profit organization

D.

It is responsible to its shareholders