Stagflation occurs when high inflation combines with high unemployment and a low level of production. low unemployment and a high level of production. a drop in buying power and a rise in workers’ wages. a rise in buying power and a drop in workers’ wages.

high inflation combines with high unemployment and a low level of production

Explanation:

stagflation is the economic situation in which the rate of inflation is high, situation worsened by high unemployment and slow growth of economy.

It can happen due to supply shock.

most common example for this is high price of oil commonly known as 1973 oil crisis.

question 1: paragraph 3

question 2: paragraph 2

question 3: paragraph 1

hope this !

can you me on my ss question?

answer; in the 1950s;