Stagflation and Economic Theory Quiz

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Stagflation and Economic Theory: a General level Economics quiz. Test your knowledge with 12 questions!
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Questions

Question 1
Which economist is linked to stagflation theories?
A Milton Friedman
B John Nash
C Adam Smith
D Karl Marx
Question 2
In which decade did stagflation become a major issue?
A 2010s
B 1950s
C 1970s
D 1990s
Question 3
Stagflation involves high rates of what?
A Savings
B Investment
C Unemployment
D Innovation
Question 4
What happens to prices during stagflation?
A They stay flat
B They drop
C They rise
D They vanish
Question 5
What is another word for economic stagnation?
A Rapid growth
B Expansion
C Slow growth
D Boom

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