Question

A period slow a negative economic growth usually accompanied by rising unemployment .The USA and other countries of the world faced this in 1929-1933 due to high unemployment R___ss​

Answer 1

Answer:

Stagflation is characterized by slow economic growth and relatively high unemployment—or economic stagnation—which is at the same time accompanied by rising prices (i.e. inflation). Generally, stagflation occurs when the money supply is expanding while supply is being constrained.