Stagflation means
A) a combination of relatively low unemployment and low inflation.
B) a combination of relatively low unemployment and high inflation.
C) a combination of relatively high unemployment and high inflation.
D) a combination of relatively high unemployment and low inflation.

Question

Quizplus · Accepted Answer

Stagflation is characterized by a combination of high unemployment and high inflation, which typically occurs when an economy experiences stagnant growth alongside rising prices.

Stagflation Means