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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.
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