Asked Oct 7, 2019
When stagflation began to appear in the US economy in the late 1960s, economists and policymakers were perplexed because they had never seen __________ and __________ at the same time.
​high inflation rates; high interest rates
a stagnant economy; high unemployment rates
​high unemployment rates; high growth rates
high inflation rates; high unemployment rates

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Answer -  In the late 1960 s  was the time  where many incident occur simultaneously which affect the economic condition in all over the world specially . In late 1960s Us saw High oil prices , Recession simul...

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