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24 January, 19:49

What is an effect of stagflation?

Answers (2)
  1. 24 January, 19:58
    Stagflation is three things: high inflation, stagnation, and unemployment. In other words, stagflation creates an economy characterized by quickly rising prices.
  2. 24 January, 21:09
    The value of a country's currency drops.
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