In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of ________. - Economics@NUM: 35 MCQ SSC CGL 2026 | ExamTest.live | ExamTest.live

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In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of ________.

A $Deflation$
B $Stagflation$
C $Recession$
D $Depression$

Solution & Step-by-step Explanation

Stagflation is an economic condition characterized by a combination of stagnant economic growth, high unemployment, and high inflation (rising prices).

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In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of ________.

A

Deflation

B

Stagflation

C

Recession

D

Depression

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