MCQOPTIONS
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| 1. |
The term stagflation refers to a situation where ? |
| A. | Growth has no relation with the change in prices |
| B. | Rate of growth is faster than the rate of price increase |
| C. | Rate of growth is slower than the rate of price increase |
| D. | Rate of growth and prices both are decreasing |
| Answer» D. Rate of growth and prices both are decreasing | |