Homework Help Forum: Microeconomics

Posted by Susan on Saturday, May 30, 2009 at 7:21pm.

What is "stagflation"? Why are they so scared of it happening in America? Could it happen in America? (It did in Japan!) I found a website that sort of explains it but still am not clear. wordnet.princeton.edu/perl/webwn

• Microeconomics - Ms. Sue, Saturday, May 30, 2009 at 7:26pm

  Stagflation describes a period with slow economic growth, but high prices. It happened here to an extent in the 1970s. It could happen here again. Check this site. http://www.investopedia.com/terms/s/stagflation.asp

  
  

• Microeconomics - Ms. Sue, Saturday, May 30, 2009 at 7:29pm

  Stagflation is a combination of INFLATION and STAGNATION.

  
  

• Microeconomics - Susan, Saturday, May 30, 2009 at 7:31pm

  Thank thank website clear it up.

  
  

• Microeconomics - Ms. Sue, Saturday, May 30, 2009 at 7:34pm

  You're welcome.

  
  

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