Which of the following occurrences will cause stagflation? AS curve moves in AS curve moves out AD curve moves in AD curve moves out

Stagflation is a situation in the economy where there is high inflation and high unemployment, along with slow economic growth. This usually happens when the Aggregate Supply (AS) curve moves inwards.

Here's why:

1. When the AS curve moves inwards, it means that the total output of goods and serv Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.