A) stagnant employment and deflation
B) deflation and rising unemployment
C) inflation and rising employent.
D) inflation and rising unemployment
Correct Answer: D
Solution :
Stagnation describes a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. It raises a dilemma for economic policy since actions designed to lower inflation may exacerbate unemployment, and vice versa.
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