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OpenStudy (anonymous):

What was "stagflation"? inflation caused by tax cuts inflation despite a stagnant economy inflation despite declining unemployment inflation stagnated by federal efforts

OpenStudy (anonymous):

ill answer in in 2 min gatta go to bathroom

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

back ok let mesee

OpenStudy (anonymous):

Stagflation is the word used to describe the state of an economy if there is inflation despite a stagnant economy. Inflation is usually a result of rising demand due to an growing economy, however, under stagflation this is not the case.

OpenStudy (anonymous):

yup

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