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Which of these condtions is most likeley to exist when there is a general slow down in the economy

User Bugster
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1 Answer

4 votes

Answer:Stagflation

Step-by-step explanation:

This refers to a high rate of inflation which exists as industrial production is slowing down. Its a state of general economic slow growth. It is the increases in the price level which are not accompanied by any increase in industrial production.

User Lucky Yang
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