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CIPS Exam A6 Topic 3 Question 66 Discussion

Actual exam question for CIPS's A6 exam
Question #: 66
Topic #: 3
[All A6 Questions]

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

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Suggested Answer: A

by Rhea at Oct 23, 2024, 04:43 AM

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Lynelle
4 months ago
Ha! Option D - 'Too much money chasing too many goods' - that sounds like a dream scenario, not inflation. B is clearly the right answer here.
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Ashley
4 months ago
Hmm, I was a bit unsure at first, but I think B is the way to go. Inflation is about the supply and demand of money, not just the amount of goods.
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Winifred
3 months ago
User 3: Yeah, that makes sense. B it is.
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Margarett
3 months ago
User 2: I agree, inflation is about too much money chasing too few goods.
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Audrie
3 months ago
User 1: I think B is the correct answer.
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Lauryn
4 months ago
I agree with Vilma, B is the correct answer. Inflation is all about having too much money in circulation compared to the available goods and services.
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Natalie
3 months ago
I see your point, but I still think B is the best description of inflation.
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Sharen
3 months ago
I disagree, I think it's actually A. Too little money chasing too many goods.
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Remedios
3 months ago
Yeah, having too much money chasing too few goods can definitely lead to inflation.
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Nohemi
3 months ago
I think B is the correct answer too. It makes sense.
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Bette
4 months ago
I agree with Rodolfo, because when there is too much money in the economy and not enough goods, prices tend to rise.
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Vilma
4 months ago
Option B seems like the most accurate description of inflation. Too much money chasing too few goods is what causes prices to rise.
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Irma
3 months ago
It's important to understand the causes of inflation to make informed decisions about managing finances.
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Belen
4 months ago
That's right, inflation occurs when there is an imbalance between the supply of money and the supply of goods.
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Octavio
4 months ago
Yes, when there is too much money in the economy chasing too few goods, prices tend to rise.
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Vilma
4 months ago
I agree, option B does seem like the most accurate description of inflation.
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Rodolfo
4 months ago
I think the answer is B) Too much money chasing too few goods.
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