In 2008, the United States experienced significantly rising prices at the same time that many people were out of work.This is an example of

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Quizplus · Accepted Answer

Stagflation is a condition where there is both high inflation and high unemployment, which is exactly what happened in the United States in 2008. This condition is considered unusual because inflation and unemployment typically have an inverse relationship.

In 2008, the United States Experienced Significantly Rising Prices at the Same