Economy, asked by 30sheetalmodel, 5 months ago

stagflation brings down

1. price
2. inflation
3. employment
4. value of money​

Answers

Answered by sherekarsomnath54
0

Answer:

Stagflation is characterized by slow economic growth and relatively high unemployment—or economic stagnation—which is at the same time accompanied by rising prices (i.e. inflation). Stagflation can be alternatively defined as a period of inflation combined with a decline in the gross domestic product (GDP

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Answered by sarahssynergy
0

Stagflation brings down (2) Inflation.

Definition of Stagflation;

Stagflation- the price rate increases, with slow process of economic growth.

Characteristics of Stagflation;

  • Stagflation is also called as economic stagflation. The process where unemployment  rate is high.
  • The goods and services are limited where the money supply is expanding.
  • There are three causes of stagflation;
  1. Rise in unemployment
  2. Decrease in demands of goods and services
  3. Inflation price is high
  • These causes results in decrease of economic growth and unemployment.

Hence, Stagflation occurs when there is high price inflation with decrease of economic growth.

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