CIPS A6 Analyzing the Supply Market Exam Exam Practice Test Questions

• Question 1

  Q7 Which of the following describes people leaving one job and moving to another? (2 marks)

  • Structural unemployment
  • Frictional unemployment
  • Migration unemployment
  • Cyclical unemployment

  Show Answer Answer: D Next

• Question 2

  Q3. Which of the following best describes 'exchange rates'?

  • The value of one country??s currency measured against that of another
  • The amount of business transacted between one country and another
  • The extent of barter transactions in a particular economy
  • The speed with which a company receives payment for goods or services it has sold.

  Show Answer Answer: B Next

• Question 3

  Q9 Which of the following best defines the term 'equilibrium price'? (2 marks)

  • The price at which the level of demand in a market exceeds the level of supply
  • The price at which all commodities are of equal value in a market
  • The price at which the level of supply in a market exceeds the level of demand
  • The price at which the level of supply in a market matches the level of demand.

  Show Answer Answer: D Next

• Question 4

  • Radio commercials
  • Sales leaflets and brochures
  • Internet banners
  • Cinema advertising

  Show Answer Answer: B, ,|,| Next

• Question 5

  • The government's campaign leading up to a general election
  • The government tightening the rules for allowing asylum seekers to enter the country
  • The government increasing the tax on fuel and oil
  • The government providing aid to foreign countries.

  Show Answer Answer: C Next