The simultaneous occurrence of rising inflation and rising unemployment is called

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Stagflation is a condition where there is a simultaneous increase in inflation and unemployment. It is a unique economic phenomenon where inflation rises while economic growth slows down, leading to a rise in unemployment. Deflation is a condition where prices fall, disinflation refers to a decrease in the rate of inflation, and disintermediation is the process of removing intermediaries from a supply chain or financial system.

The Simultaneous Occurrence of Rising Inflation and Rising Unemployment Is