F1 (BT) – Chapter 3 MCQ’s (The macro-economic environment) – ACCA

This is ACCA F1 (BT/FBT) Business and Technology multiple-choice questions (MCQs).

These multiple-choice questions (MCQs) are designed to help ACCA F1 students to better understand the exam format. We aim to instill in students the habit of practicing online for their CBE exams. By doing so, students can reduce exam stress and prepare more effectively.

Please note:

  • Students should not attempt these MCQs until they have finished the entire chapter.
  • All questions are compulsory, so please do not skip any.

We hope that these MCQs will be a valuable resource for students preparing for the ACCA F1 (BT/FBT) exam.

INFORMATION ABOUT THESE MCQs Test

Course: ACCA
Fundamental Level: Knowledge, FIA
Subject: Business And Technology
Paper: F1 – BT/FBT
Chapter: The macro-economic environment
Chapter Number: 03 of the Practice and Exam Kit
Syllabus Area: A – The business organization, its stakeholders, and the external environment
Questions Type: MCQs
Exam Section: Section A

Number of the Questions

There are 14 Questions in this Online F1 MCQ Test that cover Chapter 3, The macro-economic environment of ACCA F1 (BT/FBT) Business and Technology Module.

Time

These MCQs are not time-bound. Take your time and solve them without stress. Pay proper attention and focus. Do not rush or hesitate.

Result

Students will get their F1 CBE MCQs Test results after they finish the entire test. They will also be able to see the correct and incorrect answers, as well as explanations for the incorrect questions.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all answers that seem correct or incorrect, as per the requirement of the question. Keep your eye on the wording “(select all those which are correct/ or incorrect)”.
Dropdown: Select from the list provided.
Type numbers: Type your answer in numbers as per the requirement of the question.


1 votes, 5 avg
97

F1 - Chapter 3 - The macro-economic environment

Course: ACCA (The Associations Of Chartered Certified Accountants)
Module: F1 - Business and Technology (BT/FBT)
Chapter: The Macro-Economic Environment
Syllabus Area: (A) - The Business Organisation, Its Stakeholders, and The External Environment
Exam Section: A
Questions: Chapter 03 Questions
Number Of Questions: 14
Time Limit: No Time Limit
Result: You will able to see at the end of the quiz along with the Correct and Incorrect Answers.

Types of Questions

MCQs: Choose one from the given options.
Multiple choice: Choose all those options that seem correct or incorrect to you as per the requirements of the question. (Wording: select all those that are correct.)
Dropdown: Select from the list provided.
Type: Type your answer in numbers as per the requirement of the question.

1 / 14

........................ taxes are collected by the Revenue authority from a business, which attempts to pass on the tax to consumers in the price of goods.

Which word correctly completes this statement?

2 / 14

Which of the following is associated with a negative Public Sector Net Cash Requirement?

3 / 14

A surplus on the balance of payments usually refers to a surplus or deficit on the ............................ account.

Which word correctly complete this statement?

4 / 14

The currency in country X is the Krone while country Y uses the Euro. Country Y has recently experienced an increase in its exchange rate with Country X.

Which of the following effects would result in Country Y?

5 / 14

Which THREE of the following are the goals of macroeconomic policy?

6 / 14

All of the following except one are 'protectionist measures' in international trade.

Which is the exception?

7 / 14

Which TWO of the following does government economic monetary policy relate to?

8 / 14

.................................. economic growth is determined by supply-side rather than by demand side factors.

Which word correctly completes this statement?

9 / 14

Are the following statements true or false?

Statement 1: Frictional unemployment will be short term
Statement 2: Governments can encourage labour mobility if they want to reduce unemployment

10 / 14

Which of the following organisations would benefit from a period of high price inflation?

11 / 14

Northland, Southland, Eastland and Westland are four countries of Asia. The following economic statistics have been produced for the year 20X7.

Which country experienced stagflation in the relevant period?

12 / 14

If a government has a macro-economic policy objective of expanding the overall level of economic activity, which of the following measures would NOT be consistent with such an objective?

13 / 14

Which of the following is NOT an element of fiscal policy?

14 / 14

Which of the following is an example of cyclical unemployment?

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