Stagflation
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Stagflation is the combination of slow economic growth and high unemployment along with inflation or a rise in prices.
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Persistent high inflation combined with high unemployment and stagnant demand in a countrys economy.
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An economic [environment] of [low], near-zero [inflation].
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(n.) A period characterized by high [inflation] and stagnated economic growth. Ability to use this word in a sentence inevitably [labels] you an [economist], and therefore a nerd.
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