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30 May, 06:18

Who benefits from stagflation?

a. Politicians

b. Consumers

c. Nobody

d. Economists

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Answers (1)
  1. 30 May, 07:44
    0
    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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