Question

Stagflation occurs when high inflation combines with high unemployment and a low level of production. low unemployment and a high level of production. a drop in buying power and a rise in workers' wages. a rise in buying power and a drop in workers' wages.

Answer 1

Answer:

Stagflation occurs when high inflation combines with high unemployment and a low level of production.

Explanation:

Stagflation is an economic crisis when inflation rises while also simultaneously combined with stagnant economic output. This means that the level of employment is low and also production reduces, while inflation rises.

Stagflation occurs when there is a high inflation rate and puts the economy or company in crisis. Added to that, the productivity decreases, unemployment is at a high rate, leading to an extreme economic condition.

Answer 2

Stagflation occurs when  high inflation combines with high unemployment and a low level of production

What is stagflation?

This can be described as a process in the country where there is slow economic growth.

At this stage inflation is high, unemployment is higher than usual. And the rate of economic growth is steadily on a decline.

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