poohmoney poohmoney
  • 19-11-2018
  • Social Studies
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What is one consequence of stagflation

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garrettmadalyn garrettmadalyn
  • 19-11-2018
the economy drastically slow downs as money loses its buying power
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Matya
Matya Matya
  • 19-11-2018

Stagflation is an economic cycle in which there is a high rate of both inflation and stagnation. Inflation occurs when the general level of prices in an economy increases. Stagnation occurs when the production of goods and services in an economy slows down or even starts to decline

~Matya

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