5
AssignmentMultiple Choice

The Economy in the 1970s

Question 5 • HCISD-US History Studies Since 1877 B-CR SUMMER

Which of the following is the best definition for the word stagflation?

Answer
A
An economic condition of high growth and high inflation
B
An economic condition of high growth and low inflation
C
An economic condition of slow growth and high inflation
D
An economic condition of slow growth and low inflation

Explanation

Stagflation combines economic stagnation with inflation: the economy grows slowly while prices rise rapidly. Therefore, the best definition is an economic condition of slow growth and high inflation.

AI-written and checked against the verified answer.

Previous
Next