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23 February, 11:24

Which is an effect of stagflation?

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  1. 23 February, 12:36
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    Effects of Stagflation ... Stagflation results in three things: high inflation, stagnation, and unemployment. In other words, stagflation creates an economy characterized by quickly rising prices and no economic growth (and possibly an economic contraction), which brings about high unemployment.
  2. 23 February, 13:50
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    The value of a country's currency drops.

    Explanation:

    The value of a country's currency drops.
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