Which factor contributed to the termination of stagflation in the 1980s?
A)less foreign competition
B)more government regulation
C)a reduction in oil prices
D)a rise in per-unit production costs

Question

Quizplus · Accepted Answer

A reduction in oil prices contributed to the termination of stagflation in the 1980s. Stagflation was characterized by high inflation and high unemployment, and both of these factors were exacerbated by high oil prices. When oil prices fell in the early 1980s, it helped to reduce inflation and stimulate economic growth, ultimately leading to the end of stagflation.

Which Factor Contributed to the Termination of Stagflation in the 1980s