FarahStagers717 FarahStagers717
  • 10-02-2015
  • Social Studies
Answered

Who benefits from stagflation?
a. Politicians
b. Consumers
c. Nobody
d. Economists

Answer :

Gibbs
Gibbs Gibbs
  • 10-02-2015
No one (C) benefits from stagflation. Stagflation is the name given to the economic conditions of high unemployment and a slowing economic growth. This means that things are becoming increasingly more expensive, more people are out of work, and the economy is shrinking. This is a highly undesirable economic situation to be in. 
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