Economy, asked by bhagatshivani614, 1 month ago

How does an economy experiences stagfation

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Answered by kookyth96972013
4

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). Stagflation can also be alternatively defined as a period of inflation combined with a decline in gross domestic product (GDP).

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