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Author Question: Stagflation occurs when the economy's inflation rate is high and (Read 68 times)

james9437

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Question 1

Rapid increases in the price level during periods of recession or high unemployment are known as


◦ stagflation.
◦ stagnation.
◦ depression.
◦ inflation.

Question 2

Stagflation occurs when the economy's inflation rate is high and


◦ employment is high.
◦ the unemployment rate is high.
◦ the unemployment rate is low.
◦ the rate of change in economic activities is positive.


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Marked as best answer by james9437 on Apr 19, 2019

Silverbeard98

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james9437

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Silverbeard98

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