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What happens to the economy during stagflation

User Truman
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Answer:

In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment.

Step-by-step explanation:

User SnakeDoc
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All of the above.

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User SHRI
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