?

Free Version

Upgrade subject to access all content

Easy

Inflation and Unemployment Both Increase

APMACR-1QLXZN

Within the past year, Springfield has seen both their unemployment rate and their price level increase.

Which of the following best describes Springfield's situation?

A

Deflation.

B

Hyperinflation.

C

Inflation.

D

Stagflation.

E

Disinflation.