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natita [175]
3 years ago
13

What happens to the economy during stagflation

History
2 answers:
Georgia [21]3 years ago
4 0

Answer:

In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

Explanation:

neonofarm [45]3 years ago
4 0

All of the above.

Just took the quiz.

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