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Which is an effect of stagflation? a. Trade with other economies increases. b. The value of a country’s currency drops. c. Prices for goods fall sharply and suddenly. d. The GDP…

Which is an effect of stagflation? a. Trade with other economies increases. b. The value of a country’s currency drops. c. Prices for goods fall sharply and suddenly. d. The GDP…
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Which is an effect of stagflation?

a. Trade with other economies increases.
b. The value of a country’s currency drops.
c. Prices for goods fall sharply and suddenly.
d. The GDP rises along with production levels.

User Fissio
by
7.6k points

2 Answers

3 votes
I think the answer is A
User Khushbu
by
8.4k points
0 votes

Answer: Its b. The value of a country’s currency drops.

Explanation: I did the test and got 100%

User Adam Rackis
by
8.5k points
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