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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

Which global institution is concerned with co-coordinating economic policies and agreeing banking and financial regulations?

Options:

A.

The IMF

B.

The World Bank

C.

The World Trade Organization

D.

The G20

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Question 2

Which of the following are external stakeholders for an organization?

i. Shareholders

ii. Customers

iii. Government

iv. Trade Unions

v. Pressure groups

vi. Employees

Options:

A.

(i), (ii) and (iii) only

B.

(ii), (iii) and (iv) only

C.

(iii), (iv) and (v) only

D.

(i), (v) and (vi) only

Question 3

Which TWO of the following policy actions might be available to a government that wishes to reduce a deficit in the balance of payments?

Options:

A.

Devaluate the exchange rate in order to increase exports.

B.

Increase the money supply in order to stimulate domestic consumption.

C.

Appreciate the exchange rate in order to reduce imports.

D.

Reduce the interest rate in order to stimulate investment.

E.

Introduce tariffs on imported goods in order to favour domestic producers.

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