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This is called inflation or more precisely "price inflation".

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8y ago
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10y ago

stagflation

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Q: Economic term for an economy with rising inflation and unemployment?
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Related questions

Stagfation was an economic term referring to?

Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).


What effect did fords economic policy have fallen n the economy?

Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.


Real GDP is rising at a 5% rate, unemployment is at 6% and falling, and inflation is rising at about 2% per year. Where in the business cycle is the economy?

expansion


What are the implications of rising inflation to an economy?

No economic growth or development, foreign exchange reserve and impact on the monetary policy.


What is economic condition characterized by rising prices?

Inflation is an economic condition characterized by rising prices.


Is an economic condition characterized by rising prices?

Inflation is an economic condition characterized by rising prices.


What is an economic condition characterized by rising prices?

Inflation is an economic condition characterized by rising prices.


What does the term stagflation reference in financial terms?

The term, stagflation, means a condition where unemployment is high, and thus, economic growth is slow. Inflation increases at a greater rate than the economy, usually making it difficult for people to keep up with rising prices.


Is a period of low economic activity and rising unemployment?

economic depression


Definition of demand-pull inflation?

Demand-pull Inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve. This is commonly described as "too much money chasing too few goods".


What is a boom economy?

Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflation). Read more: http://www.businessdictionary.com/definition/boom.html#ixzz1rS8BIuQf


A comprehensive measure of consumer discomfort during a period of rising inflation and high unemployment is?

misery index