Stagflation means a simultaneous decrease in the unemployment and inflation rates.

Name: Stagflation means a simultaneous decrease in the unemployment and inflation rates.
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Stagflation is a situation where there is an increase in inflation rates and a decrease in economic growth, which usually leads to high unemployment rates. Therefore, it is not possible to have a simultaneous decrease in unemployment and inflation rates under stagflation.

Stagflation Means a Simultaneous Decrease in the Unemployment and Inflation