Deflation
Deflation is a fall in the average level of prices over time. Deflationary policy means contracting the economy through tighter monetary or fiscal policy.
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Business Economics
What Is Stagflation?
Stagflation is a combination of high inflation, high unemployment, and stagnant economic growth. Because inflation isn't supposed to occur in a weak economy, stagflation is an unnatural situation. Slow growth prevents inflation in a normal ...
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