CIPS Exam A6 Topic 1 Question 47 Discussion

Actual exam question for CIPS's A6 exam

Question #: 47
Topic #: 1

[All A6 Questions]

Which of the following best describes the effect of inflation.

AToo many people chasing too many goods

BToo few people chasing too few goods

CToo many people chasing too few goods

DToo few people chasing too many goods.

Show Suggested Answer

Suggested Answer: A

by Cassi at Mar 19, 2024, 03:37 PM

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Deane

10 months ago

I think the correct answer is B) Too few people chasing too few goods

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Vernell

10 months ago

I would choose D) Too few people chasing too many goods

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Bettina

10 months ago

I disagree, I believe it is A) Too many people chasing too many goods

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Lorriane

10 months ago

I think the answer is C) Too many people chasing too few goods

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Ronnie

11 months ago

I agree, it makes sense that when there are not enough goods for the demand, prices will go up. So option C is the correct choice.

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Emilio

11 months ago

I think the best answer is C, too many people chasing too few goods, because it leads to higher prices.

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Leslie

11 months ago

I see your point, but I still think it's too few people chasing too few goods (B) that causes inflation.

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Lucy

11 months ago

I think it's actually too many people chasing too many goods (A) because demand exceeds supply.

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Keneth

11 months ago

I disagree, I believe it is too few people chasing too many goods (D) that leads to inflation.

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Victor

11 months ago

I think the effect of inflation is too many people chasing too few goods (C), causing prices to increase.

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