Free CIMAPRO17-BA1-X1-ENG Exam Braindumps
BA1 - Fundamentals of Business Economics Question Tutorial Questions 21–25 (page: 6)

Updated On: 9-Feb-2026

Dividend income from shares held overseas is recorded in which of the following balance of payments components?

  1. Capital account
  2. Financial account
  3. Profit account
  4. Current account

Answer(s): D


Reference:

https://www.thebalance.com/current-account-definition-and-4-components-3306265



The government of Country Z imposes a tariff on all imports of coal from other countries. Which THREE of the following are possible effects of this decision in Country Z? (Choose three.)

  1. The cost of living will fall.
  2. Employment in the coal industry will increase.
  3. The balance of payment will improve.
  4. Government's revenue will improve.
  5. Coal producers will adopt new technologies to improve efficiency.
  6. More resources will be allocated to alternative energy sources.

Answer(s): C,D,F



Setting a minimum wage above the equilibrium wage:

  1. has no effect on unemployment, and setting a minimum wage below the equilibrium wage results in increased unemployment.
  2. results in increased unemployment, and setting a minimum wage below the equilibrium wage has no effect on unemployment.
  3. results in decreased unemployment, and setting a minimum wage below the equilibrium wage results in increased unemployment.
  4. results in increased unemployment, and setting a minimum wage below the equilibrium wage results in decreased unemployment.

Answer(s): C



Market price refers to:

  1. the price that is determined by demand and supply.
  2. the price that includes tax.
  3. the value that is adjusted for inflation.
  4. the price that maximizes profits.

Answer(s): A



FILL BLANK
The following cash flows are for a capital project where the required rate of return is 8 percent.

Calculate the NPV for the project. Give your answer to the nearest whole number.

  1. 106,000

Answer(s): A



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