Economy, asked by rajepravin016, 5 months ago

Stagflation results in *

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Answered by romandave425

Explanation:

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.

Answered by nikitapawar9545

Answer:

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