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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

User Shakila
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2 Answers

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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!
User Baximilian
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5 votes

Answer:a. Real output

Step-by-step explanation:

Correct on accelus

User Adam Rice
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