Answers OC27 Economics-2102310-Sem-Meadows Unit 3A TestQuestion 22

22

QuizMultiple Choice

Unit 3A Test

Question 22 • (OC27) Economics-2102310-Sem-Meadows

What is one consequence of stagflation?

Answer

A

The economy drastically slows down as money loses its buying power.

B

Producers cannot keep up with consumer interest and raise their prices.

C

There are not enough workers to meet the rising level of production.

D

Demand is too high and people spend more money than they should.

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