Question
Asked Oct 7, 2019
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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.
  a.
​high inflation rates; high interest rates
  b.
a stagnant economy; high unemployment rates
  c.
​high unemployment rates; high growth rates
  d.
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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