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CIPS A6 Exam - Topic 1 Question 72 Discussion

Actual exam question for CIPS's A6 exam
Question #: 72
Topic #: 1
[All A6 Questions]

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

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Suggested Answer: A

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Glory
3 months ago
I always thought it was about money supply vs. goods!
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Allene
3 months ago
Not sure about B, sounds too simplistic.
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Latricia
3 months ago
Wait, isn't inflation just rising prices?
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Janet
4 months ago
I thought it was A at first, but B makes more sense.
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Talia
4 months ago
Definitely B! That's the classic definition.
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Juan
4 months ago
I thought inflation was when there's too little money, but that doesn't seem right now. I might go with D, but I'm still unsure.
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Alverta
4 months ago
I keep mixing up the definitions, but I feel like inflation relates to an imbalance in supply and demand.
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Alex
4 months ago
I remember practicing a similar question, and I think the answer is B—too much money chasing too few goods.
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Jovita
5 months ago
I think inflation is about having too much money in the economy, but I'm not sure if it's too few goods or too many.
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Eun
5 months ago
This is a classic economics question, and I remember learning the definition of inflation in my macroeconomics class. I'm confident option B is the correct answer.
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Bok
5 months ago
I'm a little confused by the wording of these options. They all sound similar, but I think option B best captures the essence of inflation. I'll go with that one.
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Ines
5 months ago
Okay, let me think this through step-by-step. Inflation means prices are rising, so it has to be related to too much money chasing too few goods. I'll go with option B.
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Hyun
5 months ago
Hmm, I'm a bit unsure about this one. I know inflation has to do with the relationship between money supply and goods, but I can't quite remember the exact definition. I'll have to think this through carefully.
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Carin
5 months ago
This is a straightforward economics question. I'm pretty confident I know the definition of inflation, so I'll go with option B.
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