...is the most dangerous type of inflation

1.	...is the most dangerous type of inflation
Answer» Answer: Essentially, the wrong kind of inflation is cost-push inflation. This inflation is due to rising costs of production, such as rising ENERGY prices, rising transport costs, imported inflation and rising food prices. This inflation CAUSES a SHIFT to the left of short run aggregate supply

Answer»

Answer:

Essentially, the wrong kind of inflation is cost-push inflation. This inflation is due to rising costs of production, such as rising ENERGY prices, rising transport costs, imported inflation and rising food prices. This inflation CAUSES a SHIFT to the left of short run aggregate supply

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...is the most dangerous type of inflation

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