Economists coined the term "stagflation" in the early 1970s to describe
A) a simultaneously stagnant economy with inflationary prices.
B) continuing declines in stock prices.
C) high oil prices along with declining profits for the petroleum industry.
D) the return of economic conditions similar to the Depression.
E) continuing economic growth along with a growing budgetary deficit.
Correct Answer:
Verified
Q40: What was the state of the hippie
Q41: After April 1970, American troops entered _
Q42: On October 26, 1972, only a week
Q43: Which of the following trends became true
Q44: Which of the following did Nixon's policy
Q46: Cesar Chavez became famous for his leadership
Q47: What did the Organization of Petroleum Exporting
Q48: Who were known as the "great silent
Q49: Which of the following was true of
Q50: Nixon's southern strategy involved winning southern support
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents