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11 Dec 2019
Which of the following characterizes stagflation?
(i) An increase in both unemployment and inflation.
(ii) An increase in unemployment but a decrease in inflation.
(iii) A decrease in both unemployment and inflation.
(iv) A decrease in unemployment but an increase in inflation.
Which of the following characterizes stagflation?
(i) An increase in both unemployment and inflation.
(ii) An increase in unemployment but a decrease in inflation.
(iii) A decrease in both unemployment and inflation.
(iv) A decrease in unemployment but an increase in inflation.
Hubert KochLv2
3 Apr 2020