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Stagflation occurs when high inflation combines with... a. high unemployment and a low level of production. b. low unemployment and a high level of production. c. a drop in buying power and a rise in workers’
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Stagflation occurs when high inflation combines with...

a. high unemployment and a low level of production.
b. low unemployment and a high level of production.
c. a drop in buying power and a rise in workers’ wages.
d. a rise in buying power and a drop in workers’ wages.

User Ksarmalkar
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2 Answers

3 votes

Answer:

A

Step-by-step explanation:

User Nilobarp
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2 votes

Answer: The answer is A

Explanation: high unemployment and a low level of production

User Jonathan Koren
by
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