Free CIMAPRA17-BA1-1 Exam Braindumps (page: 7)

Page 7 of 118

All of the following are early indicators of a recovery from a recession except which one?

  1. A rise in business confidence.
  2. An acceleration in the growth of the money supply.
  3. A fall in the level of net personal debt.
  4. An increase in the number of unfilled vacancies.

Answer(s): C



If an economy went into a recession, which industry would experience the largest proportionate fall in sales, output and employment?

  1. Retail supermarkets
  2. Food processing industry
  3. Petrol retailing
  4. Luxury good manufacturers

Answer(s): D



All of the following are examples of structural unemployment except which one?

  1. Redundancies in shipbuilding caused by competition from abroad.
  2. Falling employment in manufacturing industry resulting from a decline in consumer incomes.
  3. Unemployment in coal mining caused by the advent of new energy sources.
  4. Above average unemployment rates among low skilled workers.

Answer(s): B



All of the following are typical features of the downswing phase of the trade cycle except one.
Which ONE is the exception?

  1. A rise in the level of unemployment
  2. A fall in the rate of inflation
  3. The government budget balance moving towards a deficit
  4. The balance of payments current account moving towards a deficit

Answer(s): D



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