Question

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.

Answer 1

A

Step-by-step explanation:

Answer 2

Answer: The answer is A

Explanation: high unemployment and a low level of production