Stagflation

ahd-5
  • noun. Sluggish economic growth coupled with a high rate of inflation and unemployment.
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  • noun. Inflation accompanied by stagnant growth, unemployment or recession.
  • WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
  • noun. a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
  • Word Usage
    "That's when the word stagflation was invented to describe a truly ugly combination of rising inflation and stunted growth..."
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