What was "stagflation"?

A.

inflation caused by tax cuts

B.

inflation despite a stagnant economy

C.

inflation despite declining unemployment

D.

inflation stagnated by federal efforts

Question

History

Clark

12 February, 22:54

What was "stagflation"?

A.

inflation caused by tax cuts

B.

inflation despite a stagnant economy

C.

inflation despite declining unemployment

D.

inflation stagnated by federal efforts

+5

Answers (2)

Know the Answer?

George Harper · Answer 1

a

Explanation:

persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

Leon Hammond · Answer 2

The Correct Answer is B

Explanation:

Stagflation means a contemporary development in prices and stagnation of economic maturity. Stagflation is a situation of delayed commercial maturity and a near increase in jobless condition or financial stagnation, followed by increasing wages, or inflation. It can also be described as inflation and a deterioration in gross domestic product.

What was "stagflation"?A.inflation caused by tax cutsB.inflation despite a stagnant economyC.inflation despite declining unemploymentD.inflation stagnated by federal efforts

What was "stagflation"?

A.

inflation caused by tax cuts

B.

inflation despite a stagnant economy

C.

inflation despite declining unemployment

D.

inflation stagnated by federal efforts