Free CIPS A6 Exam Actual Questions

The questions for A6 were last updated On May 5, 2024

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Question No. 1

Which of the following best describes the term mixed economy???

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Correct Answer: B

Question No. 2

In economic theory, which of the following statements best describes what is available and what is wanted? (2 marks)

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Correct Answer: B

Question No. 3

Which of the following relationships best describes a small change in demand as a result of a large change in price? (2 marks)

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Correct Answer: A

Question No. 4

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

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Correct Answer: C

Question No. 5

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

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Correct Answer: A

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