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Question
the graph shows changes in the us economy between 1971 and 2001. change in us unemployment and inflation, 1971 - 2001 according to the graph, 1971 to 1976 was a period of stagflation due to rising unemployment and inflation. falling unemployment and inflation. rising unemployment and falling inflation. falling unemployment and rising inflation.
Stagflation is characterized by high - inflation and high - unemployment. From the graph, between 1971 and 1976, both the unemployment rate (blue line) and the inflation rate (orange line) are rising.
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rising unemployment and inflation.