One-shot inflation may be a demand-side (of the economy) or a supply-side phenomenon, but continued inflation is

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“One-shot inflation may be a demand-side (of the economy) or a supply-side phenomenon, but continued inflation is likely to be a demand-side phenomenon.” Do you agree or disagree with this statement? Explain your answer.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:27 AM

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One-shot inflation may be a demand-side (of the economy) or a supply-side phenomenon, but continued inflation is

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Agree The reason is that it is easier to produce continuous increases in aggre...View the full answer

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