A typical situation when stagnation and inflation coexist is called as
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The answer of your question is" Stagflation"
A typical situation when stagnation and inflation coexist is called as "The Stagflation"
It is the term used in the economy when the inflation rate is high with the low employment rate or unemployment remains the steadily high. In the stagflation situation there is slow economic growth rate occur .Once this situation prevail it is very difficult to eradicate it and can cause cost also for this purpose.
A typical situation when stagnation and inflation coexist is called as "The Stagflation"
It is the term used in the economy when the inflation rate is high with the low employment rate or unemployment remains the steadily high. In the stagflation situation there is slow economic growth rate occur .Once this situation prevail it is very difficult to eradicate it and can cause cost also for this purpose.
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In fluid dynamics, stagnation pressure (or pitot pressure) is the static pressure at a stagnation point in a fluid flow. At a stagnation point the fluid velocity is zero. In an incompressible flow, stagnation pressure is equal to the sum of the free-stream static pressure and the free-stream dynamic pressure.
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