___________ is a combination of both cost push & demand pull Inflation.
Stagflation is an economic situation where the economy experiences the combination of inflation and stagnation. In this kind of situation the economy experiences unemployment with rise in the general price level. Stagnation is a combined phenomena of demand pull and cost push inflation as general price level starts rising due to some mismatch between the demand and supply of the commodities as a result of which factor cost rises persistently which results in inflation. Such kind of situation worsen economic condition as their is no benefit of increased price level.