Stagflation is an economic condition where inflation and unemployment are both high, while economic growth is sluggish.
The co-existence of inflation and unemployment is called
Asked in Sub Inspector Comb. Comp. Exam 2021 b 2021 · Topic: Nature of Indian Economy (Developing Economy Characteristics)
More Economic Development questions
- What was the main cause of Greece problem emerged during June 2015 ?
- Under developed economies are also known as
- Which one of the following book by former RBI Governor, Bimal Jalan was published in July, 2021? A) The Future of India B) India’s Politics C) Emerging India D) The India Story
- Who was the first economist to have coined the terms ‘Micro Economics’ and ‘Macro Economics’?
- Who was the first economist to have coined the terms 'Micro Economics' and 'Macro Economics'? - [A] Milton Friedman - [B] Ragnar Frisch - [C] J. M. Keynes - [D] Paul Samuelson
- As per the 2015 worldwide cost of living survey, which is the most expensive city in the world?
- The volume of one barrel of oil is nearly
- Stagflation is a phenomenon which is characterized by simultaneous presence of
