General Knowledge · General Studies
In economics, what does the term 'Stagflation' refer to?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Slow economic growth with high inflation.✓
- 2Rapid economic growth with low inflation.
- 3Economic recession with deflation.
- 4Stable economic growth with stable prices.
Correct answer
Slow economic growth with high inflation.
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