Get detailed and accurate answers to your questions on IDNLearn.com. Discover reliable and timely information on any topic from our network of experienced professionals.
Who benefits from stagflation?
a. Politicians
b. Consumers
c. Nobody
d. Economists
No one (C) benefits from stagflation. Stagflation is the name given to the economic conditions of high unemployment and a slowing economic growth. This means that things are becoming increasingly more expensive, more people are out of work, and the economy is shrinking. This is a highly undesirable economic situation to be in.
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.
