Post Utme Lautech 2021 Economics Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Lautech Economics examination.

Post Utme Lautech 2021 Economics Objective / Multiple Choice
Question 36 POST_UTME_LAUTECH • 2021 • ECONOMICS • objective

An economy is said to be in a state of stagflation when there is both high inflation and high unemployment. Which of the following is a characteristic of stagflation?

Answer Options

A. High inflation and low unemployment
Correct Answer B. High inflation and high unemployment
C. Low inflation and high unemployment
D. Low inflation and low unemployment
Correct Answer
B
Correct Option:
High inflation and high unemployment

About This Question

This is Post Utme Lautech 2021 Economics Question 36. It is one of the objective questions from the 2021 Post Utme Lautech Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support