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With reference to the Inflation what does the term Stagflation refer to?
It refers to the reduction of rate of inflation.
It refers to combination of inflation and rising employment.
It refers to rise in price of one or small group of commodities over a sustain period of time, along with decreasing prices in others.
It refers to combination of inflation and rising unemployment due to recession
Stagflation is a combination of inflation and rising unemployment due to recession.
Deflation is when there is a general fall in the level of prices. Disinflation, which is the reduction of the rate of inflation.
Skewflation refers to rise in price of one or small group of commodities over a sustained period of time, along with decreasing price sin others.
By: Kritika Kaushal ProfileResourcesReport error
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