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2 September, 03:27

The poor economy led to stagflation, which means

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  1. 2 September, 03:53
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    Stagflation is a combination of stagnant economic growth, high unemployment, and high inflation. It's an unnatural situation because inflation is not supposed to occur in a weak economy. In a normal market economy, slow growth prevents inflation. As a result, consumer demand drops enough to keep prices from rising.
  2. 2 September, 03:53
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    Answer:Stagflation is a combination of stagnant economic growth, high unemployment, and high inflation.

    Explanation:It's an unnatural situation because inflation is not supposed to occur in a weak economy. In a normal market economy, slow growth prevents inflation. As a result, consumer demand drops enough to keep prices from rising.
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