Which of the following has been the biggest contributor to recent bouts of inflation?

Question

Quizplus · Accepted Answer

Soaring prices for energy, specifically oil and gas, have been a major contributor to recent bouts of inflation. This is because energy is a key component in the production of goods and services, and increases in energy prices lead to higher costs of production, which are then passed on to consumers in the form of higher prices.

Which of the Following Has Been the Biggest Contributor to Recent