Stagflation is the simultaneous occurrence of _ unemployment and _ inflation

1 answer:

3 0

Stagflation is the simultaneous occurrence of high unemployment and it accompanied by the rising of prices of goods and services, or inflation and a decline of Gross Domestic Product (GDP). Stagflation is an economic problem and this might lower the spending. There are two causes of stagflation based on theory: an economic phenomenon where the cost of oil rises and reduces the productive capacity and another one will be the result of poorly-made economic policies.

You might be interested in

Curvilinear costs always increase: a. When management performs break-even analysis. b. When volume increases, but at a nonconsta

Ilia_Sergeevich [38]

Answer:

The correct option is : b. When volume increases, but at a nonconstant rate.

Explanation:

Curvilinear costs is a type of expense that does not increase at a constant rate with the production volume. It tends to have a sudden increase at low production volumes, then remains constant in the middle and then increases at high production volumes.

The curvilinear costs does not increase linearly with the production. Therefore, curvilinear cost is also called a nonlinear cost.

Therefore, curvilinear costs always increase at a nonconstant rate with the increase in the production volume.

6 0

4 years ago

What is CRM software designed to do?

Lostsunrise [7]

In CRM (customer relationship management), CRM software is a category of software that covers a broad set of applications designed to help businesses manage many of the following business processes: customer data. customer interaction. access business information.

3 0

3 years ago

Employment services operated by the government charge a fee for placing people in jobs.

Kryger [21]

Answer:

b. False

Explanation:

8 0

3 years ago

How can you tell if something is a passion for you?

den301095 [7]

Answer:

um I don't know perhaps 4

Explanation:

Honestly to me none on these seem right I mean passion is something that makes you feel like you fight in and you know that you if you mess up it only wants makes you want to try harder

8 0

3 years ago

Read 2 more answers

A public choice theorist would be most likely to say that government failure is a consequence of the__________.

tankabanditka [31]

Answer:

Rational behaviour of the participants of the political process.

Explanation:

Public choice theory is the theory used in economic as well as political domain as a process of decision-making. It administers the use of economics-related knowledge in the field of politics and thus, focuses on solving various political problems with the help of economic tools. While making decision-related to political issues according to the public choice theory, it is important to have adequate economics and political knowledge, and the decision should not be based on any rational behavior.

6 0

3 years ago

Stagflation is the simultaneous occurrence of _____ unemployment and _____ inflation

Stagflation is the simultaneous occurrence of _ unemployment and _ inflation