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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.
One consequence of stagflation is when the economy drastically slows down as money loses its buying power.
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Asked 4/14/2016 2:51:16 PM
Updated 8/28/2016 9:37:39 PM
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One consequence of stagflation is when the economy drastically slows down as money loses its buying power.
Added 8/28/2016 9:37:39 PM
This answer has been confirmed as correct and helpful.
Confirmed by Kaysha [8/28/2016 9:38:40 PM], Rated good by Kaysha
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