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20 May, 18:36

A period marked by rising unemployment and high inflation is called a

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  1. 20 May, 21:38
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    Stagflation

    Explanation:

    Stagflation is a period of slow economic growth, rising unemployment rate and high inflation rate.

    Stagflation was first noticed in the US in the 1970s.

    Stagflation is usually caused by an increase in money supply and a simultaneous decrease in money supply.
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