How well did American leaders deal with the challenge of stagflation

History

1 answer:

MAVERICK [17]3 years ago

3 0

Answer:

Key Takeaways. Economists sometimes link employment to inflation. ... In the 1970s, Keynesian economists had to rethink their model because a period of slow economic growth was accompanied by higher inflation. Milton Friedman gave credibility back to the Federal Reserve as his policies helped end the period of stagflation.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:

Hope this helps ..!!!

You might be interested in

Select all that apply.

wlad13 [49]

Alexander the Great didn't conquer Italy. Neither did he conquer China.

Alexander the Great was the leader of the hellenistic period in Greece and contributed to the creation of one of the greatest empires at the time which was spanning all around from the Greek peninsula all the way to Mesopotamia.

5 0

4 years ago

I was just wondering if I needed another answer or if those are the right ones I'm just a little confused bc it says "choose the

Levart [38]

Answer:

I think it may be A and C but idk :/

4 0

3 years ago

Read 2 more answers

Who is the sixth member of the security council?

antiseptic1488 [7]

P5 should be the answer if you are from the united kingdom if im correct?