Author Question: Stagflation combined inflation and __________. A) rising wages B) slow growth C) high ... (Read 38 times)

SAVANNAHHOOPER23 · **on:** Sep 21, 2019

Question 1

The American economic decline of the1970s stemmed in part from ____________.

A) the inefficiency of American workers
B) competition from abroad
C) insufficient government oversight of the economy
D) overproduction in the agricultural sector

Question 2

During the 1970s, __________.

A) real wages declined
B) the number of Americans living in poverty fell
C) unemployment reached a peak of 21 percent
D) the gap between the rich and poor narrowed

Question 3

Stagflation combined inflation and __________.

A) rising wages
B) slow growth
C) high unemployment
D) economic volatility