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BA1 Exam Dumps : Fundamentals of Business Economics

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Fundamentals of Business Economics Questions and Answers

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Question 1

Lending to member states that are experiencing serious balance of payments problems is the role of:

Options:

A.

The World Bank

B.

The International Monetary Fund

C.

The G8 Group

D.

The World Trade Organization

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Question 2

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

Options:

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.

Reduction of the fiscal deficit and increased money supply.

D.

Tax cuts, monetary expansion and a depreciation of the exchange rate.

Question 3

Which THREE of the following are objectives of corporate governance?

Options:

A.

To ensure that managers have attractive compensation packages

B.

To implement clear career progression routes for employees

C.

To ensure that customers' needs are addressed

D.

To ensure that a company is run in a legal and ethical manner

E.

To implement incentives for managers to pursue long term financial sustainability

F.

To increase transparency in company reporting

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