CIPS A6 Exam Questions

Name: Updated CIPS A6 Exam Dumps & Practice Questions | Prep2Certs
Price: 40 USD
Availability: InStock

Vendor

CIPS

Exam Code

Exam Name

Analyzing the Supply Market

Exam Duration

Total Questions

143

$ 40

PDF VERSION

DEMO QUESTIONS

Q1:
Which of the following best describes the term ‘inflation’?

A: Too little money chasing too many goods

B: Too much money chasing too few goods

C: Too little money chasing too few goods

D: Too much money chasing too many goods.

Answer

Correct Answer: A

Q2:
Which of the following is the most likely consequence of government decreasing interest rates? (2 marks)

A: People spend more

B: People spend less

C: The economy slows down

D: The cost of borrowing goes up

Answer

Correct Answer: A

Q3:
Which of the following best describes the pricing policy known as ‘promotional pricing’? (2 marks)

A: A high price aimed at quick recovery of costs

B: A price in line with that being charged by competitors

C: A temporary price reduction to increase sales in the short term

D: A low price set to gain a large share of the market.

Answer

Correct Answer: C

Q4:
Which of the following relationships best describes a small change in demand as a result of a large change in price?

A: Inelastic

B: Explicit

C: Implicit

D: Elastic

Answer

Correct Answer: A

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