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Stagflation in the US economy of the 1970s resulted in

low inflation.
slow economic growth.
an oil crisis.
increased wages.

User Almer
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2 Answers

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Slow economic growth

User Frederic Fortier
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The correct answer is: Slow economic growth

“Stagflation” is the result of stagnation together with inflation in the economy. Inflation is a rise in prices and stagnation is very slow production. When prices are high, people cannot bye and as a consequence, the industry does not make enough income to produce and it stagnates. However, these phenomena can result in prices going back down due to the slowing of the economy.

User Kiwijus
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