BA1 VCE Exam Download

Fundamentals of Business Economics Questions and Answers

Question 49

Which ONE of the following is an External stakeholder in a state-owned energy provider?

Options:

The industry regulator

A firm selling equipment to the energy provider

Customers of the energy provider

The government

Question 50

Inflation is undesirable for all of the following reasons except which one?

Options:

Inflation decreases the international competitiveness of the business sector.

Inflation distorts the price system and the process of resource allocation.

Inflation shifts wealth from debtors to creditors in an arbitrary fashion.

Inflation makes business forecasting and planning more difficult.

Question 51

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

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

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

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

Question 52

Which global financial institution is responsible for providing stabilization funding to assist developed and developing countries with short term borrowing needs and needs for foreign currency?

Options:

The IMF

The World Bank

The World Trade Organization

The G20

Labour Day Special - Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: top65certs

Fundamentals of Business Economics Questions and Answers

Options:

Answer:

Options:

Answer:

Options:

Answer:

Options:

Answer: