Stagflation cause a decrease in which of the following? a) real output b) average price level c) market equilibrium

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asked Feb 19, 2018 14.4k views

2 Answers

Baximilian · Answer 1 · 2018-02-20T14:22:35+0000

Stagflation is caused by cost push inflation, which occurs when costs of production are increased. The only option that is involving cost is option B so that's what I'd choose. I hope this helped!

Stagflation cause a decrease in which of the following? a) real output b) average price level c) market equilibrium

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