Economics · Inflation
Stagflation refers to a situation characterized by which of the following?
- 1Decrease in unit cost of production
- 2Stagnant growth and high inflation✓
- 3Growth in the primary sector
- 4High employment rate
Correct answer
Stagnant growth and high inflation
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Inflation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Inflation