Question

stagflation cause a decrease in which of the following?
a) real output
b) average price level
c) market equilibrium

Answer 1

Stagflation is caused by cost push inflation, which occurs when costs of production are increased. The only option that is involving cost is option B so that's what I'd choose. I hope this helped!

Answer 2

Answer:a. Real output

Explanation:

Correct on accelus