Question

stagflation results in
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Answer 1

Stagflation refers to an economy that is experiencing a simultaneous increase in inflation and stagnation of economic output. Stagflation was first recognized during the 1970's, where many developed economies experienced rapid inflation and high unemployment as a result of an oil shock.

Answer 2

Answer:

Stagflation is a combination of stagnant economic growth,high unemployment and high inflation .1.its an unnatural situation because inflation is not supposed to occur in a weak economy .in a normal market economy,slow growth prevents inflation.

Explanation:

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