UPSC Civil Services Prelims 2021
Question 17 of 52Indian Economy
With reference to Indian economy, ‘Stagflation’ is a situation characterized by
Ahigh inflation, high unemployment and stagnant demand
Bhigh inflation, high unemployment and stagnant economic growth
Chigh inflation, low unemployment and rapid economic growth
Dlow inflation, high unemployment and stagnant growth
Correct Answer
The correct answer is hidden
Explanation
24 words hidden ... because measures to reduce inflation may worsen unemployment, while policies to boost growth may aggravate inflation. ... 24 words hidden