the stagflation of the us economy in the early 1970s was characterized by high unemployment and low…

the stagflation of the us economy in the early 1970s was characterized by high unemployment and low inflation. low unemployment and high inflation. low unemployment and low inflation. high unemployment and high inflation.

the stagflation of the us economy in the early 1970s was characterized by high unemployment and low inflation. low unemployment and high inflation. low unemployment and low inflation. high unemployment and high inflation.

Answer

Answer:

D. high unemployment and high inflation

Brief Explanations:

Stagflation is a situation where there is stagnation (high - unemployment) along with inflation. In the early 1970s US economy, it faced this dual problem of high unemployment and high inflation.