Stagflation Is Characterized by

question 309

Multiple Choice

Stagflation is characterized by

• A) an increase in both output and the price level.
• B) a decrease in output and the price level.
• C) an increase in the unemployment rate and an increase in the price level.
• D) an economy which is growing at a rate equal to its historical average growth rate.

---

Definitions:

Feedforward

is a communication process that involves giving future-oriented feedback to help someone adjust their actions before they engage in a specific behavior.

Input-Throughput-Output Cycle

A model or process that describes how input (resources, information) is processed (throughput) to produce a certain output (products, services).

Relevant Phases

Pertains to the specific stages or segments within a process or project that are significant and pertinent to its successful completion.

Right Things

Actions or decisions that are considered morally correct or most beneficial from an ethical standpoint.