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Currency and Inflation Questions and Answers for Competitive Exams

Q.

The term stagflation refers to a situation where

[A] Growth has no relation with the change in prices
[B] Rate of growth and prices both are decreasing
[C] Rate of growth in faster than the rate of price increase
[D] Rate of growth is slower than the rate of price increase

Answer & Explanation

Answer: Option [D]

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