ECONOMICS
INFLATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ occurs in the economy when unemployment and inflation are both high.
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Hyperinflation
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Disinflation
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Deflation
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Stagflation
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Explanation:
Detailed explanation-1: -Stagflation is an economic condition when stagnant economic growth, high unemployment, and high inflation combine together.
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