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Leviafan [203]
3 years ago
8

How does inflation differ from stagflation

History
1 answer:
horsena [70]3 years ago
3 0

Answer:

Inflation is the rate at which the price of goods and services in an economy increases. Stagflation refers to an economy that has inflation, a slow or stagnant economic growth rate, and a relatively high unemployment rate. With stagflation, a country's citizens are affected by high rates of inflation and unemployment

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