Stagflation Is Defined as

question 155

Multiple Choice

Stagflation is defined as

• A)decreased output accompanied by a higher price level
• B)decreased output accompanied by a lower price level
• C)increased output accompanied by a lower price level
• D)increased output accompanied by a higher price level
• E)stagnation in the rate of inflation (i.e.,no appreciable change in the rate of inflation for a year or more)

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Definitions:

Deterrence

A theory or strategy aimed at discouraging someone from taking an undesirable action by instilling fear of the consequences.

Rehabilitation

An approach to punishment that attempts to reform criminals as part of their penalty.

Incapacitation

A criminal justice theory aimed at reducing crime by detaining or restricting the movements of convicted offenders to prevent them from committing further offenses.

Stereotype Promise

A concept suggesting that positive stereotypes about a group can lead to increased performance and outcomes for individuals within that group.