Most Recent CIPS A6 Exam Questions & Answers

Prepare for the CIPS Analyzing the Supply Market exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIPS A6 exam and achieve success.

The questions for A6 were last updated on Dec 18, 2024.

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Question No. 1

Which of the following best describes the term 'inflation'?

AToo little money chasing too many goods

BToo much money chasing too few goods

CToo little money chasing too few goods

DToo much money chasing too many goods.

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Correct Answer: A

Question No. 2

Which of the following best describes the concept of price equilibrium???

AA price which will secure a company as many sales as its competitors

BA price which will improve a country??s balance of trade with other countries

CA price which will be achieved when the quantities demanded and supplied are the same

DA price which will be acceptable to customers, directors and shareholders.

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Correct Answer: A

Question No. 3

Which of the following best defines the term 'Exchange rate'?(2 marks)

AThe amount of business transacted between one country and another during a year

BThe speed with which a company receives payment for goods or services sold

CThe extent of barter transactions in a particular country

DThe value of one country Oscurrency measured against that of another.

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Correct Answer: D

Question No. 4

Which of the following best describes the economic term 'budget deficit'? (2 marks)

AGovernment revenues exceeding government expenditure

BGovernment expenditure equaling government revenue

CGovernment revenues creating government expenditure

DGovernment expenditure exceeding government revenue

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Correct Answer: D

Question No. 5

Which of the following describes people leaving one job and moving to another? (2 marks)

AStructural unemployment

BFrictional unemployment

CMigration unemployment

DCyclical unemployment

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Correct Answer: D

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