Expert: Infrastructure Push Could Worsen Supply Shortages

Expert: Infrastructure Push Could Worsen Supply Shortages

Assessment

Interactive Video

Business

University

Hard

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The video discusses global shortages and high prices, urging against hoarding. It highlights the challenges of unemployment and inflation, noting that the Consumer Price Index is rising. The video predicts that shortages will ease by early 2022 but warns that a massive infrastructure package could increase costs. It emphasizes patience in the short term and the need to prevent future pandemics to avoid economic strain.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What advice is given to the public regarding hoarding and purchasing behavior?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the text suggest that the economy is affected by labor shortages?

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