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Stagflation cause a decrease in which of the following? a) real output b) average price level c) market equilibrium
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Stagflation cause a decrease in which of the following? a) real output b) average price level c) market equilibrium
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Feb 19, 2018
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Stagflation cause a decrease in which of the following?
a) real output
b) average price level
c) market equilibrium
Business
high-school
Shakila
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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!
Baximilian
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Feb 20, 2018
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Answer:a. Real output
Step-by-step explanation:
Correct on accelus
Adam Rice
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Feb 25, 2018
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