Economics · Indian Economy

What is the term for the simultaneous occurrence of high inflation and high unemployment?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Stagflation✓
2Commercial Banking
3Plastic Money
4Treasury Bill

Correct answer

Stagflation

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What is the term for the simultaneous occurrence of high inflation and high unemployment?

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What is the term for the simultaneous occurrence of high inflation and high unemployment?

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