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Stagflation
01
stagflation
an economic situation with persistent high inflation and a high unemployment rate
stagflation
n
Exempel
During stagflation, the economy struggles with slow growth and high costs.
Policymakers were puzzled by the stagflation, as both inflation and unemployment rose.
The government tried various strategies to combat stagflation with limited success.
The country experienced stagflation, with prices rising and jobs disappearing.
Stagflation makes it difficult for consumers to afford basic goods.
