Which of the following would be a result of stagflation?
Rising unemployment rate and rising inflation rate. Which of the following would be most likely to result in stagflation? Increased government regulations on industry
What happens during stagflation quizlet?
Stagflation describes a period in which both prices and unemployment are increasing. Stagflation is a combination of inflation and stagnation, or lack of growth in the economy. Stagflation is always characterized by rising unemployment and prices.
Which of the following is a result of stagflation?
Ans: The Phillips curve shifts to the right. Due to Stagflation the aggregate supply curve shifts to the left
What happens stagflation?
Stagflation is characterized by slow economic growth and relatively high unemploymentor economic stagnationwhich is at the same time accompanied by rising prices (i.e. inflation). Generally, stagflation occurs when the money supply is expanding while supply is being constrained
What happens during a stagflation?
Stagflation is characterized by slow economic growth and relatively high unemploymentor economic stagnationwhich is at the same time accompanied by rising prices (i.e. inflation). Generally, stagflation occurs when the money supply is expanding while supply is being constrained
What happens to the economy during stagflation quizlet?
Terms in this set (6) High inflation rate, slow economy. Prices increase and people have less money to spend
What is stagflation quizlet?
Stagflation – The simultaneous occurrence of substantial unemployment and inflation. High tax rates or costly regulations might contribute to. stagflation.
What is stagflation stagflation occurs when quizlet?
Stagflation occurs when the aggregate price level:aggregate price level rises and aggregate output level falls. In the long-run, the economy is: self-correcting, as prices of goods that are sticky in the short run become flexible in the long run and move the economy to full employment.
