Q. In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.
A) Stagflation
B) Deflation
C) Depression
D) Recession
✔ Correct Answer: Stagflation
Exam Insight
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A) Stagflation
B) Deflation
C) Depression
D) Recession
✔ Correct Answer: Stagflation
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