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Stels [109]
3 years ago
14

What was "stagflation"?

History
2 answers:
valentina_108 [34]3 years ago
7 0

Answer:

a

Explanation:

persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

Simora [160]3 years ago
6 0

Answer:

The Correct Answer is B

Explanation:

  • Stagflation means a contemporary development in prices and stagnation of economic maturity.
  • Stagflation is a situation of delayed commercial maturity and a near increase in jobless condition or financial stagnation, followed by increasing wages, or inflation.
  • It can also be described as inflation and a deterioration in gross domestic product.

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