answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: President Ford faced an economy with rising inflation and unemployment. This economic phenomenon is known as?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What president was known for econmic setbacks?

President Jimmy Carter is the president that was known for economic setbacks. During his presidency the country faced high inflation and high unemployment numbers.


Economic term for an economy with rising inflation and unemployment?

This is called inflation or more precisely "price inflation".


What are the two factors that threaten economic stability?

inflation and unemployment


Are inflation and unemployment adequate indicators of the economic health of the nation?

penis


Policy that influences inflation unemployment taxes and general economic prosperity or depression is called?

economic policy


What effect did ford's economic policy have on economy?

Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.


Factors responsible for inflation?

Inflation can be a result of economic development, national debt, unemployment, production cost, and international lending.


What effect did Fords economic policy have of the economy?

inflation went down, but unemployment remained high


What effect did fords economic policy have fallen n the economy?

Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.


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).


When there is high inflation in country what are the measures taken by nation govt?

Govt measures inflation status by using economic policy instrument, fiscal and monetary policy directed toward market structure and the level of unemployment rate in the economy, because inflation and unmployment are corrolated. Finaly Govt mesure unemployment through inflation and inflation through unemployment.


What has the author Eric V Clifton written?

Eric V. Clifton has written: 'Inflation targeting and the unemployment-inflation trade-off' -- subject(s): Anti-inflationary policies, Econometric models, Effect of inflation on, Inflation (Finance), Unemployment 'Institutions versus geography' -- subject(s): Economic conditions, Economic geography, Industrial location, Poverty