Question 8 of 19 Which term describes the economic status when prices are rising faster than wages? O A. Recovery O B. Depression • c. Stagflation O D. Hyperflation SUBMIT

Politics

Question
Question 8 of 19
Which term describes the economic status when prices are rising faster than
wages?
O A. Recovery
O
B. Depression
• c. Stagflation
O D. Hyperflation
SUBMIT
Answer

C. Stagflation

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Stagflation is a term used to describe an economic status in which prices are rising faster than wages. This is usually caused by a combination of high...
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