Stagflation

Stagflation

Stagflation is a term that combines the terms “stagnation” and “inflation.” It describes a period of economic stagnation typified by poor growth, high unemployment, and rising prices (inflation). As a result, consumers are under pressure from both sides as their purchasing power decreases. Click on the ‘Download PDF option provided below to know more on-

  • What is stagflation?
  • Has this happened before?
  • What causes stagflation?
  • How is the concept linked with the Philips curve?
  • What are the solutions to control stagflation?
  • What is Misery Index?

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