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the name is stagflation. It is difficult to handle this situation. search for stagflation to know more...

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Q: What economic condition is characterized by high inflation and high unemployment?
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Related questions

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.


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).


Economic term for an economy with rising inflation and unemployment?

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


What are the two factors that threaten economic stability?

inflation and unemployment


Are inflation and unemployment adequate indicators of the economic health of the nation?

penis


Policy that influences inflation unemployment taxes and general economic prosperity or depression is called?

economic policy


What effect did ford's economic policy have on economy?

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


Factors responsible for inflation?

Inflation can be a result of economic development, national debt, unemployment, production cost, and international lending.


What effect did Fords economic policy have of the economy?

inflation went down, but unemployment remained high


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.