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

6 months ago

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

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Vernell

6 months ago

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

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Bettina

6 months ago

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

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Lorriane

6 months ago

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

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Ronnie

6 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

7 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

7 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

7 months ago

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

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Keneth

7 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

7 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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