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High levels of unemployment combined with high levels of inflation could indicate that the business cycle has entered into a period of —.

High levels of unemployment combined with high levels of inflation could indicate that the business cycle has entered into a period of —.
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High levels of unemployment combined with high levels of inflation could indicate that the business cycle has entered into a period of —.

User Randal
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Stagflation, it is an economic cycle characterized by slow growth and a high unemployment rate accompanied by inflation.
User Chinmay Naphade
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