Stagflation is the combination of
A) deflation and recession.
B) inflation and recession.
C) deflation with increasing real GDP.
D) inflation and increasing real GDP.

Question

Quizplus · Accepted Answer

Stagflation is the combination of inflation and recession, which means there is high inflation with stagnant economic growth and high unemployment. It is a rare and complicated economic phenomenon that is difficult to handle for policymakers.

Stagflation Is the Combination of