Exact2Pass
All of the following factors contribute to the instability of agricultural prices except which ONE?
Which of the following is not likely to result from a fall in the rate of interest?
Which ONE of the following would appear as a debit item on a country's balance of payments current account?
Which of the following is most likely to lead an economy to suffer high unemployment?
All of the following are features of an economic union (for example, the European union) except which one?
Which of the following is not taken into account by the discount factor applied to future earnings when calculating shareholder value?
Which global financial institution is responsible for providing stabilization funding to assist developed and developing countries with short term borrowing needs and needs for foreign currency?
Inflation is undesirable for all of the following reasons except which one?
Part of a country's unemployment figures will consist of people moving between jobs. Which type of unemployment is this?
West Morton Rail has calculated that the number of passengers travelling on their railway increases during school holidays, while the inverse is true for most other railways in the country.
Which of the following is the most likely reason for this unusual correlation?
All of the following could cause the onset of a recession except which one?
The government has set a maximum house price due to a massive house price rise in the last decade. This is denoted by the line Q1Q2 on the graph.
Which of the following may occur in light of the introduction of the maximum house price as it appears on the graph?
Select ALL that apply.
Beth wants to take out an annuity in order to be able to leave more money to her children when she passes away. She has looked at three annuities with different payout rates.
Annuity A pays out £5340 each year over 14 years
Annuity B pays out £4900 each year over 9 years
Annuity C pays out £5445.64 each year over 20 years
The current interest rate is 8%.
Of these, which annuity would have the highest net present value and hence pay out more money for Beth over its lifetime?
Brilliant Buys Local is a subsidiary of Brilliant Buys, and operates a number of smaller stores in local neighbourhoods.
The managing director of Brilliant Buys Local, Mr Davidson, has been given a scatter diagram with sales of each store based on the size of the local population.
Which of the following options outlines the best ways to interpret this diagram in this context?
Select ALL that apply.
PetsPlus Pic. has outsourced its marketing operations to the recently established marketing firm MarketMe. MarketMe has devised and distributed an online survey on behalf of PetsPlus Pic, asking customers to
evaluate the products they purchase from the company.
An example of a question from the survey is as follows:
'What do you think of PetsPlus's decision to outsource its marketing operations to a marketing firm?
Which of the following best describes why this question will not yield good information for PetsPlus?
i-Songs is about to launch a service that sells downloaded music and video files. Downloads have MC = 0 . Which ONE of the following would maximize i-Songs' profits?
Oxfam is a charity established to provide aid to the poor. Which ONE of the following statements about Oxfam is FALSE?
Based on historical time series data, a chemicals company uses sales ($million) as the y variable and time (year) as the x variable and equation.
y = - 3935 47 + 2 02x
Using the equation, what is the company's predicted sales for the year 2020? Give your answer to the nearest million.
A business has a short-term problem with its payments exceeding its receipts. Which TWO of the following would be appropriate for meeting this financial shortfall?
Which of the following organisational arrangements is an example of a multinational corporation (MNC)?
If country A imposes a quota on imports from country B, what is the direct effect of the quota?
Which of the following is correct in regards to organisations?
Organisations achieve more than individuals can achieve on their own because they enable people to
(1) share skills and knowledge
(2) maximise individuals' interests.
(3) specialise
(4) pool resources
A research business compiles the following data for Country D over 8 years:
* Household expenditure, y (in millions of constant 20X6 dollars);
* The number of fixed broadband internet subscribers, x (in thousands).
Based on this information the following regression model is developed:
y = 332668 * 45.8x - 0 003x2
Which of the following statements is correct?
Which TWO of the following policy actions might be available to a government that wishes to reduce a deficit in the balance of payments?
A company currently sells 10,000 bottles of "bright pink" nail varnish every year at $5 per bottle If the price is reduced to $4.50 per bottle it is expected that the company will sell an extra 2,000 bottles
What is the price elasticity of demand of the nail varnish?
The following table shows the profits of a business and an index of the general price level for 4 years
How does the level of real (inflation adjusted) profits in 20X4 compare to those of 20X1 ?
The following table reports are for five hotels belonging to the same hotel chain, the rank in terms of sales performance (with 1 - best average score obtained in customer reviews, and the rank in terms of average score from customer reviews (with 1 = best average ..
Calculate the Spearman's rank correlation coefficient to one decimal place:
If a group of countries have adopted:
(i). Free trade in goods and services between member states,
(ii). Free movement of capital and labor between member states,
(iii). A common external tariff policy,
This would be an example of a(n)
All of the financial instruments are traded on the long term capital market except one. Which ONE is the exception?
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?
Regulatory offices have been established after the privatization of some nationalized industries because
What is described by the following definition 'the total accumulated amount the state owes to lenders in its own country and internationally'?
All of the following are appropriate policies to deal with the problem of industries which cause pollution except which one?
A country's currency depreciates (falls) on the foreign exchange market. All of the following would be the effects of this on businesses within the country except which one?
Which of the following is not a source of long-term capital for a company?
Which of the functions of a financial intermediary is described by the following statement 'Bundles small deposits of liquidity into larger loans'?
All of the following are examples of not-for-profit organizations except one. Which ONE is the exception?
Which of the following provide possible explanations for the existence of a structure of interest rates?
(i). Borrowers having different risk profiles
(ii). Lenders wishing to lend for different time profiles
(iii). The market for loanable funds being perfectly competitive
(iv). The existence of margins between borrowing and lending rates
Vencia has recently been faced with international condemnation due to its tendency to engage in 'dirty floating'. This is combined with high interest rates as well as underdeveloped industries.
What would likely be the result of these conditions on Vencia's trade?
The management of Pennyfarthing's Toy Bazaar requires financial advice, but is unsure of which type of bank to approach to acquire this. The company receives a profit of £1,000,000 a year, and currently operates in
Europe and North America.
Which of the following reasons explains why Pennyfarthings Toy Bazaar should use a wholesale bank?
Brian has 80 bonds with a total market value of £2400. The interest rate on these bonds is 2.34%.
Using these figures, which of the following is the running yield of each of Brian's bonds?
Which of the following are reasons why the principal-agent problem is so critical for businesses? Select ALL that apply.
Peter holds his current and savings accounts with Western Mutual.
Which of the following is a benefit that Peter should expect to enjoy from possessing accounts with Western Mutual?
Government X has just increased taxes in order to limit spending and hence demand.
Which of the following is most likely to have been the cause of this fiscal policy?
The Competition and Markets Authority is a regulatory body in the UK. In 2017, the CMA found the proposed merger of Heineken and Punch Pubs in breach of its competition laws. Heineken and Punch Pubs have agreed
to divest in pubs in areas where they are the two dominant pub companies.
Which of the following are ways in which consumers might directly benefit from this decision?
Select ALL that apply.
Which of the following statements about the sources of stakeholder conflict is true?
The average price of recorded music CDs has been declining for several years. Which of the following changes in market conditions would NOT be a cause of this?
XYZ plc has relocated its head office to a new site which enjoys better road communications and is close to a training college that teaches the skills needed to work at XYZ plc. Why will XYZ's costs fall?
Which ONE of the following statements best defines the principal-agent problem in a company?
If, when the price of a good increases, the total revenue received by the supplier decreases, then
A profit-maximizing firm will cut the product's price to increase profits if
Which of the following influences explains why the average costs of a firm will rise in the short run?
If a government, on grounds of economic efficiency, were to levy a tax on an industry because of the pollution caused by production in the industry, the tax should be equal to