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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

If a government adopted a fiscal policy of cutting its budget deficit, the aggregate demand and supply model shows that the result would be:

Options:

A.

a shift in the aggregate demand curve to the right, a fall in output and employment and a rise in the price level

B.

a shift in the aggregate demand curve to the left, a fall in output and employment and a fall in the price level

C.

a shift in the aggregate demand curve to the left, a fall in output and employment and a rise in the price level

D.

a shift in the aggregate demand curve to the right, a rise in output and employment and a rise in the price level

Question 3

Select the best definition of the corporate governance of a company from the list below.

Options:

A.

The structure and functions of the Board of a firm

B.

The systems by which companies are directed and controlled

C.

The composition and duties of the management of a company

D.

The financial and non-financial performance of a company

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