0
How does stagflation happen and why is stagflation damaging to an economy?
Wiki User
∙ 8y agoWant this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What happend to the economy during stagflation?
In stagflation, you have high inflation, high unemployment, and low demand.
An economy that experience decreasing real GDP and increasing prices is said to suffer from what?
stagflation
What is an economy that experiences decreasing real GDP and increasing prices suffering from?
An economy that experiences decreasing real GDP and increasing prices suffering from stagflation.
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
When rising prices occur simultaneously with high unemployment it is called?
Funnily enough, it's called stagflation...
What happend to the economy during stagflation?
In stagflation, you have high inflation, high unemployment, and low demand.
An economy that experience decreasing real GDP and increasing prices is said to suffer from what?
stagflation
What happened to economy during stagflation?
Higher rates of inflation, decrease in business productivity, high unemployment
What is an economy that experiences decreasing real GDP and increasing prices suffering from?
An economy that experiences decreasing real GDP and increasing prices suffering from stagflation.
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
When rising prices occur simultaneously with high unemployment it is called?
Funnily enough, it's called stagflation...
When Ronald Reagan was first elected the us economy was?
When Ronald Reagan was first elected the us economy was facing stagflation. He came up with policies that saved the economy and these are policies that are commonly known as Reaganomics.
Stagfation was an economic term referring to?
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
What does the term stagflation reference in financial terms?
The term, stagflation, means a condition where unemployment is high, and thus, economic growth is slow. Inflation increases at a greater rate than the economy, usually making it difficult for people to keep up with rising prices.
Why did economists invent the term stagflation to describe the economic problems in the US in the 1970s?
to describe a situation caused by a weak economy and rising prices
Why did the economists invent the term stagflation to describe the economic problems in the US during the 1970?
to describe a situation caused by a weak economy and rising prices
Why did economists invent the term stagflation to describe the economic problem in the US during the 1970s?
to describe a situation caused by a weak economy and rising prices
