Economy, asked by ghulamrasool9756, 7 months ago

what is stagflation​

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Answered by nirupam1703
2

Answer:

In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

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