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Petersen
Social Studies
18 January, 17:05
Which is an effect of stagflation?
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Trevon Copeland
18 January, 17:14
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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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Aspen
18 January, 17:25
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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.
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