What was "stagflation"? inflation caused by tax cuts inflation despite a stagnant economy inflation despite declining unemployment inflation stagnated by federal efforts

Stagflation was the term that described the economic situation of the United States in the 1970s: there was inflaltion despite a stagnant economy.

Explanation:

Stagflation indicates the economic problem in which, within an inflationary situation, there is a stagnation of the economy and the rate of inflation does not decrease.

Stagflation combines the terms "stagnation" and "inflation"; it is the economic situation that indicates the simultaneity of the rise in prices, the increase in unemployment and economic stagnation, entering a crisis or even a recession.

wisdom

explanation:

the fact that that the teachings on the cosmic order comes from, or through, the heart center