What is one consequence of stagflation

Social Studies

2 answers:

cluponka [151]3 years ago

8 0

The economy drastically slow downs as money loses its buying power

TEA [102]3 years ago

7 0

Stagflation is an economic cycle in which there is a high rate of both inflation and stagnation. Inflation occurs when the general level of prices in an economy increases. Stagnation occurs when the production of goods and services in an economy slows down or even starts to decline

~Matya

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