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What was "stagflation"?

inflation caused by tax cuts

inflation despite a stagnant economy

inflation despite declining unemployment

inflation stagnated by federal efforts

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  1. 16 July, 03:40
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    I think the correct answer from the choices listed above is the second option. Stagflation is inflation despite a stagnant economy. It is persistent high inflation combined with high unemployment and stagnant demand in a country's economy. Hope this answers the question.
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