Easy
1 point
ID: #16685
Question
Select the answer of the word 'stagflation'
Options
1
Controlled prices
Correct Answer
2
Economic slow down
Correct Answer
3
A disintegrating government
Correct Answer
4
Cultural dullness
Correct Answer
Explanation
Stagflation is an economic condition characterized by slow economic growth (stagnation) and relatively high unemployment. 'Economic slow down' captures the stagnation aspect.