Free CIMA CIMAPRA17-BA1-1 Exam Actual Questions

The questions for CIMAPRA17-BA1-1 were last updated On Jan 15, 2025

Question No. 1

Which of the following would tend to make the market supply of a good price inelastic?

Show Answer Hide Answer
Correct Answer: D

Question No. 2

In the short run average variable costs may fall as output rises. Which ONE of the following is a cause of this?

Show Answer Hide Answer
Correct Answer: C

Question No. 3

Merit goods are typically characterized by

Show Answer Hide Answer
Correct Answer: C

Question No. 4

Following the emergence of the global banking crisis in 2007 many central banks undertook quantitative easing through purchasing bonds back from banks with new money. Which function of a central bank does this describe?

Show Answer Hide Answer
Correct Answer: D

Question No. 5

Which of the following types of graph uses cumulative frequency distributions to illustrate information?

Show Answer Hide Answer
Correct Answer: D