A combination of higher inflation and recession is called
A) deflation.
B) stagflation.
C) disinflation.
D) reflation.
E) infusion.

Name: A combination of higher inflation and recession is called A) deflation. B) stagflation. C) disinflation. D) reflation. E) infusion.
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Question

Quizplus · Accepted Answer

Stagflation is the term used to describe a combination of higher inflation and recession. It is characterized by high levels of inflation and low levels of economic growth, coupled with high unemployment rates.

A Combination of Higher Inflation and Recession Is Called