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What is
one consequence of stagflation?
The economy drastically slows down as
money loses its buying power.
© Producers cannot keep up with consumer interest and raise their prices.
• There are not
enough workers to meet the rising level of production.
• Demand is too high and people spend more money than they should

Respuesta :

ayokenny2001

One consequence of stagflation is that the economy drastically slows down as money loses its buying power.

What is stagflation?

This is when an economy is experiencing high unemployment, coupled with inflation. Here, there is slow economic growth due to increase in prices of goods and services and high rate of people who do not have jobs.

Hence, one consequence of stagflation is that the economy drastically slows down as money loses its buying power.

Learn more about stagflation here: https://brainly.com/question/23113698

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