469
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − + − +
no edit summary
Stagflation is a combination of the words "[[stagnation]]" and "[[inflation]]". It is a term used by economists to describe a situation where high inflation is combined with low growth and high unemployment. The most recent period of stagnation occurred during the Carter administration in the late 1970s.
'''Stagflation''' is a combination of the words "[[stagnation]]" and "[[inflation]]". It is a term used by economists to describe a situation where high inflation is combined with low growth and high unemployment. The most recent period of stagnation occurred during the Carter administration in the late 1970s.
[[category:economics]]
[[category:Economics]]