Stagflation
[stæg'fleɪʃ(ə)n] or [stæɡ'fleʃən]
Definition
(noun.) a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation).
Edited by Kitty--From WordNet
[stæg'fleɪʃ(ə)n] or [stæɡ'fleʃən]
(noun.) a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation).
Edited by Kitty--From WordNet