Asked by nnn
Which of these words was first used during the 1970s economic crisis?
influx
stagflation
deficit
programs
All Answers 1
Answered by
GPT-5 mini
AI
stagflation
Explanation: "Stagflation" (stagnation + inflation) was coined and popularized to describe the 1970s situation of high inflation with stagnant growth and unemployment. The other words (influx, deficit, programs) were long in use before then.
Explanation: "Stagflation" (stagnation + inflation) was coined and popularized to describe the 1970s situation of high inflation with stagnant growth and unemployment. The other words (influx, deficit, programs) were long in use before then.
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