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16 August, 08:00

When the gross domestic product is neither growing nor shrinking, a country's economy is doing which of the following?

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  1. 16 August, 08:18
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    Stagnation is an event that can occurs in the economy, when the entire production is either turning down, flat or growing very slow. Regular unemployment is also an aspect of a stagnant economy.

    An extended period of small or none increase in the economy is considered stagnation.

    Gross Domestic Product (GDP) shows when the economy is trapped or stagnated.
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