what is one consequence of stagflation?\no the economy drastically slows down as money loses its buying…

what is one consequence of stagflation?\no the economy drastically slows down as money loses its buying power.\no producers cannot keep up with consumer interest and raise their prices.\no there are not enough workers to meet the rising level of production.\no demand is too high and people spend more money than they should.

what is one consequence of stagflation?\no the economy drastically slows down as money loses its buying power.\no producers cannot keep up with consumer interest and raise their prices.\no there are not enough workers to meet the rising level of production.\no demand is too high and people spend more money than they should.

Answer

Answer:

The economy drastically slows down as money loses its buying power.

Brief Explanations:

Stagflation is a combination of stagnant economic growth, high - unemployment, and high inflation. High inflation causes money to lose buying power, and stagnant growth means the economy slows down.