Funnily enough, it's called stagflation...
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
inflation
That is called the economy. Plenty of places are having difficulty with the economy.
INFLATION ,UNLIKE UNEMPLOYMENT, DOES NOT MEAN A LOSS OF OUTPUT.INFLATION IS A RISING GENERAL LEVEL OF PRICES.THIS DOES NOT MEAN ALL PRICES ARE RISING.JUST IN GENERAL TERMS.
This is called inflation or more precisely "price inflation".
The Chief Legislator
b. high unemployment
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
inflation
rising prices
That is called the economy. Plenty of places are having difficulty with the economy.
INFLATION ,UNLIKE UNEMPLOYMENT, DOES NOT MEAN A LOSS OF OUTPUT.INFLATION IS A RISING GENERAL LEVEL OF PRICES.THIS DOES NOT MEAN ALL PRICES ARE RISING.JUST IN GENERAL TERMS.
This is called inflation or more precisely "price inflation".
The rising gas prices will affect teenages just as the rising gas prices affect everyone.
Another name for rising prices is inflation.
Which country's president are you talking about. Please be precise when asking questions, many countries have presidents.
When the economy is slowing down but prices are still rising, it typically indicates a situation known as stagflation. This phenomenon occurs when stagnant economic growth coincides with inflation, leading to increased costs for consumers while job growth and production decline. Factors such as supply chain disruptions, rising commodity prices, or increased production costs can contribute to this scenario, making it challenging for policymakers to address both inflation and unemployment simultaneously. In such cases, consumers may experience reduced purchasing power, resulting in a squeeze on household budgets.