Who benefits from stagflation?
a. Politicians
b. Consumers
c. Nobody
d. Economists

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10-02-2015
Social Studies

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Who benefits from stagflation?
a. Politicians
b. Consumers
c. Nobody
d. Economists

Sagot :

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Gibbsidn Gibbsidn · Answer 1 · 2015-02-10T12:24:43-05:00

Gibbsidn Gibbsidn

10-02-2015

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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