which is an effect of stagflation?\ntrade with other economies increases.\nthe value of a countrys currency…

which is an effect of stagflation?\ntrade with other economies increases.\nthe value of a countrys currency drops.\nprices for goods fall sharply and suddenly.\nthe gdp rises along with production levels.

which is an effect of stagflation?\ntrade with other economies increases.\nthe value of a countrys currency drops.\nprices for goods fall sharply and suddenly.\nthe gdp rises along with production levels.

Answer

Brief Explanations:

Stagflation is a period of stagnant economic growth, high - unemployment, and high inflation. High inflation erodes the purchasing power of a country's currency, causing its value to drop in the international market.

Answer:

The value of a country's currency drops.