Economics · Indian Economy
What is Stagflation?
- 1A period of stable economic growth and high inflation.
- 2A period of declining prices and increasing unemployment.
- 3A period of rapid economic growth with low unemployment and stable prices.
- 4A combination of slow economic growth and relatively high unemployment (economic stagnation) with rising prices (inflation).✓
Correct answer
A combination of slow economic growth and relatively high unemployment (economic stagnation) with rising prices (inflation).
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