Funnily enough, it's called stagflation...
In stagflation, you have high inflation, high unemployment, and low demand.
stagflation
the name is stagflation. It is difficult to handle this situation. search for stagflation to know more...
1970's
Funnily enough, it's called stagflation...
In stagflation, you have high inflation, high unemployment, and low demand.
Stagnation and Inflation
stagflation
the name is stagflation. It is difficult to handle this situation. search for stagflation to know more...
A period of stagflation A+
1970's
stagflation
A period of stagflation
the oil embargo
none, stagflation has only existed in the 1970's as a phenomena created by external factors. we are constantly in danger of stagflation when unemployment is high and external forces create tension in the markets, but following classical economic theories recession and inflation are mutually exclusive.
They could conflict because of differing ideas on what will resolve stagflation. The fiscal policy may be spending money to meet the programs for the government. The monetary policy may be trying to decrease business involved in the fiscal policy. Actions meant to lower inflation may worsen the stagflation. It is sometimes difficult to reverse stagflation once it has begun.