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Which economic term describes a period of slow economic growth that also has inflation?
Wiki User
∙ 12y ago
Recession
Wiki User
∙ 11y ago
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What is a period of economic growth called?
A period of economic growth is an economic boom
Best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
Which best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
How economic growth of a country is measured?
Economic Growth can be defined as an increase in output produced by an economy in a period of time (usually a year) or an increase in the ability of an economy to produce goods and services. Economic Growth itself can be measured by measuring an increase in GDP, Real GDP (GDP adjusted for inflation), or Real GDP per capita (a measure of standard of living) which means the increase in real output per person.
What is a period of rising economic growth and increasing employment.?
Recovery
What does the term Stagflation referred to?
a period of high inflation and slow economic growth
What is a period of economic growth called?
A period of economic growth is an economic boom
Best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
Which best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
What describes a boom-period?
A boom period refers to a time of rapid economic growth and expansion, marked by increasing productivity, rising consumer confidence, high levels of investment, and overall optimism in the market. This period is characterized by low unemployment, high levels of consumer spending, and a general increase in business activity.
How economic growth of a country is measured?
Economic Growth can be defined as an increase in output produced by an economy in a period of time (usually a year) or an increase in the ability of an economy to produce goods and services. Economic Growth itself can be measured by measuring an increase in GDP, Real GDP (GDP adjusted for inflation), or Real GDP per capita (a measure of standard of living) which means the increase in real output per person.
What is a period of rising economic growth and increasing employment.?
Recovery
What is a boom in a business?
A boom is a period of rapid economic growth, prosperity.
In a period of low inflation and economic recession, the federal reserve is expected to take which action?
Tightening the money supply
What is 2 economic benefits to Ireland of having low rate of inflation?
Two benefits to Ireland of low rate inflation is:1. Because the price of goods and services from one period to the next remain generally low. e.g a can of coke in Switzerland costs 4 euro while a can of coke here in Ireland costs 1 euro.2. It can help in economic growth (The rise in quantity of goods and services produced/made from one period to the next)
What is a period of economic growth as measured by a rise in real GDP called?
An expansion
What is entire period of economic growth followed by slowing or declining?
A business cycle
