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CIPS A6 Exam - Topic 3 Question 93 Discussion

Which of the following best describes the term 'inflation'?
A) Too little money chasing too many goods
B) Too much money chasing too few goods
C) Too little money chasing too few goods
D) Too much money chasing too many goods.

CIPS A6 Exam - Topic 3 Question 93 Discussion

Actual exam question for CIPS's A6 exam
Question #: 93
Topic #: 3
[All A6 Questions]

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

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Suggested Answer: A

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Catarina
12 hours ago
I feel like I’ve seen a question like this before, and I think it was about too many goods leading to deflation instead.
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Royal
6 days ago
I remember discussing how inflation occurs when demand outstrips supply, which sounds like option B too, but I’m not completely sure.
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Twanna
11 days ago
I think inflation is about too much money in the economy, so I’m leaning towards option B.
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