Stagflation is a situation of
(A) stagnation and deflation
(B) stagnation and recession
(C) stagnation and inflation
(D) stagnation and recovery
Correct Answer : stagnation and inflation
Question Asked : SSC Data Entry Operator Exam 2009
Explanation : Stagflation is a situation in which the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. Stagflation occurs when the economy isn't growing but prices are, which is not a good situation for a country to be in
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