Answer:
This may help you to solve it
Bovin and bogus are the 2 variablez used in a spurious relationship
Answer:
falling unemployment and rising inflation.
Explanation:
Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.
The answer is; Purchasing Power Parity.
<em>Hope this helped! :)</em>
