nsAm_Govt_101RO, nsAm_Govt_101RW
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'''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]]