Economy, asked by kr169977, 4 months ago

Q2. Explain graphically the effect of stagflation on an economy.

Answers

Answered by sachin9715

Answer:

Stagflation results in three things: high inflation, stagnation, and unemployment. In other words, stagflation creates an economy characterized by quickly rising prices and no economic growth (and possibly an economic contraction), which brings about high unemployment.

Previous Question

Next Question

Similar questions

Math, 2 months ago

y = -4 is the equation of * 1 point Line parallel to y-axis Line parallel to x-axis Passes through origin None of these...

Math, 2 months ago

5. The reciprocal of 0 is plz give fast answer ...

Hindi, 2 months ago

❥˙please help me in this question ˙❥...

Math, 4 months ago

A case study done on 100 students of a school in which 15 passed in English, 12 passed in Mathematics, 8 in Science, 6 in English and Maths, 7 in Maths and Science, 4 in English and Science, 4 in all. Find how many passed : On above information, answer the following : (i) In English and Mathematics but not in Science (a) 3 (b) 2 (c) 1 (d) 4 (ii) In Maths and Science but not in English (a)...

English, 4 months ago