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28 April, 12:26

The stagflation of the US economy in the early 1970s was characterized by

A.) high unemployment and low inflation.

B.) low unemployment and high inflation.

C.) low unemployment and low inflation.

D.) high unemployment and high inflation.

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Answers (1)
  1. 28 April, 13:48
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    The answer is D. High unenployment and high inflation
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