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CIMA BA1 Exam With Confidence Using Practice Dumps

Exam Code:
BA1
Exam Name:
Fundamentals of Business Economics
Certification:
CIMA Certificate
Vendor:
CIMA
Questions:
468
Last Updated:
Dec 24, 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

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Question 1

Which of the following best defines “aggregate supply”?

Options:

A.

The stock of output available for sale in an economy

B.

The full employment level of output of the economy

C.

The flow of goods and services produced by an economy during the year

D.

The level of prices at which output can be sold in an economy

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Question 2

A government may try to reduce a balance of payments deficit on current account by using either expenditure-reducing policies or expenditure-switching policies.

Which of the following is an expenditure-reducing policy?

Options:

A.

Devaluation of the exchange rate

B.

Imposing tariffs and quotas on imports

C.

Export subsidies

D.

Higher income tax rates

Question 3

A market is in equilibrium. If the government imposes a minimum price above the equilibrium price, there will be:

Options:

A.

an extension in demand, a contraction in supply and a market shortage

B.

a decrease in demand, an extension in supply and a market surplus

C.

a contraction in demand, an increase in supply and a market surplus

D.

a contraction in demand, an extension in supply and market surplus

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