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 Stagflation means:
  • a)
    Inflation with stagnation 
  • b)
    Selective credit control 
  • c)
    Inflation galloping like stag 
  • d)
    Inflation & increasing output
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Stagflation means:a)Inflation with stagnationb)Selective credit contro...
Stagflation, a portmanteau of stagnation and inflation, is a term used in economics when a country experiences high inflation, elevated unemployment, and stagnant demand. A portmanteau is a word that combines the sounds and meanings of two others. When a country’s economy experiences stagflation, the economy is stagnant – not growing – and inflation is high.
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Stagflation means:a)Inflation with stagnationb)Selective credit contro...
Because there is increment in price level with very low speed
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Stagflation means:a)Inflation with stagnationb)Selective credit controlc)Inflation galloping like stagd)Inflation & increasing outputCorrect answer is option 'A'. Can you explain this answer?
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