A combination of an increase in the number of workers looking for jobs and a rise in prices is called

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Stagflation is a situation where there is a combination of high inflation (rising prices) and high unemployment (increase in the number of workers looking for jobs). It is a difficult situation for policymakers as traditional remedies for inflation such as tightening monetary policy can worsen unemployment, while policies to reduce unemployment such as increasing government spending or lowering interest rates can exacerbate inflation.

A Combination of an Increase in the Number of Workers