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2 March, 17:55

Which of these condtions is most likeley to exist when there is a general slow down in the economy

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  1. 2 March, 21:54
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    Answer:Stagflation

    Explanation:

    This refers to a high rate of inflation which exists as industrial production is slowing down. Its a state of general economic slow growth. It is the increases in the price level which are not accompanied by any increase in industrial production.
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