Stagflation is a situation of

Indian Economy and Banking · Economic & Social Development · Hard · Practice for UPSC CSE GS 1

Stagflation is a situation of

High inflation with stagnant growth
Low inflation with high growth
Falling prices with high growth
Stable prices and full employment

Answer and solution

Correct answer: A) High inflation with stagnant growth

It combines inflation and economic stagnation.

Learn the method: Indian Economy and Banking rules and worked examples · UPSC CSE GS 1 Economic & Social Development

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