JAMB - Economics (2014 - No. 20)
An inflation that co-exists with high rate of unemployment is
hyperinflation
stagflation
demand-pull inflation
cost-push inflation
Penjelasan
Stagflation is a condition of slow economic growth and relatively high unemployment, or economic stagnation, accompanied by rising prices, or inflation. It can also be defined as inflation and a decline in gross domestic product (GDP).