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QUESTION IMAGE

which factors would be mentioned in an accurate description of stagflat…

Question

which factors would be mentioned in an accurate description of stagflation? check all that apply. a high level of production a high inflation rate a low level of unemployment a high level of unemployment a low level of production

Explanation:

Brief Explanations

Stagflation is a situation where there is slow economic growth (low - level of production), high unemployment, and high inflation simultaneously. High production and low unemployment are not characteristics of stagflation.

Answer:

  • a high inflation rate
  • a high level of unemployment
  • a low level of production