MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Contribution of Manufacturing

Stagflation i...

Question

Stagflation is a combination of slow economic growth and high rates of inflation.

A

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True

Suggest Corrections

thumbs-up

0

Similar questions

Q. Under stagflation, the rate of economic growth is ___________.

Q. Which term is used to describe a situation where the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high?

Q. The period of high inflation, high unemployment and low economic growth is termed as _____.

Q. Q. India has recently witnessed six consecutive quarters of slowing growth and at the same time retail inflation rate recorded a 65-month high. Which one of the following types of inflations probably is said to have taken place in this regard?

Q. A mild inflation is beneficial for economic growth. Justify the statement.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Contribution of Manufacturing

GEOGRAPHY

Watch in App

explore_more_icon

Explore more

Contribution of Manufacturing

Standard X Geography

Join BYJU'S Learning Program

CrossIcon