stagflation stagflation

What Was The Result Of Stagflation Quizlet?

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What Was The Result Of Stagflation Quizlet? High inflation rate, slow economy. Prices increase and people have less money to spend . You just studied 6 terms! What is the result of stagflation? Stagflation refers to an economy that is experiencing a simultaneous increase in inflation and stagnation of economic output. Stagflation was first recognized

Which Is An Effect Of Stagflation?

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Which Is An Effect Of Stagflation? 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. What caused stagflation quizlet? Stagflation is caused by a shift of the aggregate