which sectors in the Canadian economy have experienced the highest inflationary spikes and why?

One economic indicator indicates rising cost pressures in supply chains. This monthly gauge asks corporate supply chiefs where they see future expenses relating to inventory, transportation and warehousing. This cost pressure, along with expected higher wage rates, will cause firms to pass on higher prices to consumers. From your readings in macroeconomics in this course, what types of short-term economic buffers do you think can serve to moderate the rise in price levels at this time?

 

Please provide IN-TEXT Citations as well as credible references with the response. 

Answer rating: 100% (QA)

In the Canadian economy sectors such as transportation housing and food have experienced some of the highest inflationary spikes This can be attribute... View the full answer