Dbranden3568 Dbranden3568
  • 05-03-2018
  • Business
contestada

When the economy is in stagflation the price level is falling?

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MarkV
MarkV MarkV
  • 05-03-2018
That isn't correct.

When the economy is in stagflation it means the prices are still rising (which is also known as 'inflation'), unemployment rate rises and the economic growth decreases.
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