![Was the High Inflation of 2021–2022 Due to Shifts in Aggregate Demand or Shifts in Aggregate Supply? – HubbardOBrienEconomics.com Blog Was the High Inflation of 2021–2022 Due to Shifts in Aggregate Demand or Shifts in Aggregate Supply? – HubbardOBrienEconomics.com Blog](https://learningeconomics144070344.files.wordpress.com/2022/07/ch23_trending_figure_1-1.png)
Was the High Inflation of 2021–2022 Due to Shifts in Aggregate Demand or Shifts in Aggregate Supply? – HubbardOBrienEconomics.com Blog
![If a market begins in equilibrium and then supply curve shifts rightward, at the original equilibrium price, a: a) Shortage is created, which is eliminated by the demand curve shifting further to If a market begins in equilibrium and then supply curve shifts rightward, at the original equilibrium price, a: a) Shortage is created, which is eliminated by the demand curve shifting further to](https://homework.study.com/cimages/multimages/16/supply_shift2029635034045947165.png)
If a market begins in equilibrium and then supply curve shifts rightward, at the original equilibrium price, a: a) Shortage is created, which is eliminated by the demand curve shifting further to
![Principles of Macroeconomics 2e, Demand and Supply, Shifts in Demand and Supply for Goods and Services | OpenEd CUNY Principles of Macroeconomics 2e, Demand and Supply, Shifts in Demand and Supply for Goods and Services | OpenEd CUNY](https://s3.amazonaws.com/microsite-cuny-prod/media/courseware/openstax/m63602/CNX_Econ_C03_026.jpg)