CIMA CIMAPRA17-BA1-1 Quiz 2 Topic 1 Questions 6-10

Question: 1

Economies of scale can result from all the following except one. Which is the exception?

AAn increase in the size of a firm's capacity and plant

BA bus company replacing smaller buses with larger buses

CA factory employing two shifts of workers rather than one shift per day

DIncreased firm size allowing the firm to employ specialist managers

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Question: 2

Other things remaining equal, which one of the following is likely to increase as a result of the sale by the central bank of a large quantity of government bonds?

AThe quantity of money

BThe yield of government bonds

CThe liquid reserves of banks

DThe price of government bonds

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Question: 3

Which of the following are not classed as a non-bank financial intermediary?

ALife insurance companies

BBuilding societies

CFinance houses

DInvestment exchanges

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Question: 4

Other things remaining equal, which one of the following is likely to increase as a result of the sale by the central bank of a large quantity of government bonds?

AThe quantity of money

BThe yield of government bonds

CThe liquid reserves of banks

DThe price of government bonds

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Question: 5

The imposition of a tariff on imported goods by a country's government will result in all of the following except one. Which ONE is the exception?

AA shift in domestic income from consumers to producers of the goods

BA rise in the domestic price of the imported good

CGreater cost push inflationary pressure in the economy

DA shift to the left in the demand curve for the imported good

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CIMA CIMAPRA17-BA1-1 Quiz:2 Topic:1 Questions:6-10