At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Discover detailed solutions to your questions from a wide network of experts on our comprehensive Q&A platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
Stagflation in the 1970s mixed high inflation with a disappointingly uneven economic boom. Excessive price range deficits, low-interest fees, oil embargos and the fall apart of managed forex charges have been many of the important causes of stagflation.
Stagflation is maximum commonly called the simultaneous enjoyment of three separate bad financial phenomena: rising inflation, growing unemployment, and the declining call for items and services.
Stagflation is a combination of 3 negatives: slower economic increase, higher unemployment, and higher costs. that is a mixture that isn't always imagined to occur, within the logic of economics. Expenses shouldn't move up whilst human beings have less money to spend.
Learn more about economics here: https://brainly.com/question/2824360
#SPJ4
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Keep exploring Westonci.ca for more insightful answers to your questions. We're here to help.
