Stagflation is the conjunction of
A)stagnation and recession.
B)inflation and stagnation.
C)depression and inflation.
D)stagnation and deflation.

Question

Quizplus · Accepted Answer

Stagflation is a situation where there is a persistently high rate of inflation combined with high unemployment or slow economic growth. This is a combination of inflation (rising prices) and stagnation (slow economic growth or high unemployment). None of the other choices accurately describe stagflation.

Stagflation Is the Conjunction of