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29 July, 16:56

What happens to the economy during stagflation

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  1. 29 July, 17:33
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    In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.
  2. 29 July, 20:41
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    All of the above.

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