What does stagflation mean?
A)Rising output and falling prices
B)Falling output and rising prices
C)Rising output and prices
D)Falling output and prices

Question

Quizplus · Accepted Answer

Stagflation is a situation where there is both a high inflation rate and low economic growth, which means falling output and rising prices. The combination of these two factors makes it difficult for governments to address the problems using conventional economic policies such as monetary and fiscal policies.

What Does Stagflation Mean