the stagflation of the us economy in the early 1970s was characterized by\no high unemployment and low…

the stagflation of the us economy in the early 1970s was characterized by\no high unemployment and low inflation.\no low unemployment and high inflation.\no low unemployment and low inflation.\no high unemployment and high inflation.

the stagflation of the us economy in the early 1970s was characterized by\no high unemployment and low inflation.\no low unemployment and high inflation.\no low unemployment and low inflation.\no high unemployment and high inflation.

Answer

Answer:

D. high unemployment and high inflation.

Brief Explanations:

Stagflation combines stagnation (high - unemployment) and inflation. In the early 1970s US, this was the case with both high joblessness and high price - increases.