Question

Stagflation is a rise in the general level of prices of goods and services.

Question 34 options:
True
False

Answer 1

It is true bc the other person said it’s true

Answer 2

this is true, Generally, stagflation is described as a condition of weak economic growth, high unemployment, and high inflation. Inflation as defined is a sustained increase in the general prices of goods and services. ... During a speech to Parliament in 1965, he coined the term "stagflation" with history since proving it can occur.