The Canadian Economy Is In A Period Of Inflation Inflation Which Is At A 30 Year High Two Reasons For This Inflation A 1 (39.35 KiB) Viewed 35 times
The Canadian Economy Is In A Period Of Inflation Inflation Which Is At A 30 Year High Two Reasons For This Inflation A 2 (39.35 KiB) Viewed 35 times
The Canadian economy is in a period of inflation, inflation which is at a 30 year high. Two reasons for this inflation are: 1- Supply chain issues, making prices of inputs go up. 2- Incredible government intervention, which increase disposable income of households. Using the following graph (which show that the economy is at its long term equilibrium) show the impact of the two shocks. २ ·AS(SR). LRAS Leequ=sReg ·AD.. - у
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