Free CIMAPRA17-BA1-1 Exam Braindumps (page: 4)

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Which one of the following would raise both national income and disposable income ?

  1. An increase in transfer payments
  2. A reduction in rates of personal income tax
  3. An increase in business profits
  4. A rise in the rates of personal income tax

Answer(s): C



In the aggregate supply and demand model, a significant rise in the cost of energy for industry would lead to the

  1. Aggregate supply curve moving to the right
  2. Aggregate supply curve moving to the left
  3. Aggregate demand curve moving to the right
  4. Aggregate demand curve moving to the left

Answer(s): B



Part of a country's unemployment figures will consist of people moving between jobs.
Which type of unemployment is this?

  1. Structural unemployment
  2. Cyclical (or demand deficient) unemployment
  3. Frictional unemployment
  4. Real wage unemployment

Answer(s): C



All of the following are characteristics of a recession except which one?

  1. Rising levels of unemployment.
  2. Increased inflationary pressure.
  3. Improving trade balances.
  4. Increased government budget deficits.

Answer(s): B



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