stagflation occurs when high inflation combines with\n○ high unemployment and a low level of production.\n○…

stagflation occurs when high inflation combines with\n○ high unemployment and a low level of production.\n○ low unemployment and a high level of production.\n○ a drop in buying power and a rise in workers wages.\n○ a rise in buying power and a drop in workers wages.

stagflation occurs when high inflation combines with\n○ high unemployment and a low level of production.\n○ low unemployment and a high level of production.\n○ a drop in buying power and a rise in workers wages.\n○ a rise in buying power and a drop in workers wages.

Answer

Brief Explanations:

Stagflation is an economic situation. In economics, stagflation is defined as a period of high - inflation combined with high - unemployment and low - economic growth (low - level of production). Low unemployment and high - level of production are more associated with a healthy economic expansion (not stagflation). A drop in buying power (due to inflation) but a rise in workers' wages is not the key combination for stagflation. A rise in buying power is the opposite of what happens in inflation (where prices rise, reducing the value of money, so buying power drops).

Answer:

high unemployment and a low level of production.