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Meaning of estanflación by Danilo Enrique Noreña Benítez





Danilo Enrique Noreña Benítez

estanflación
  23

It is a term used in Economics and refers to the worst scenario that may arise. It consists of the stagnation of economic development, with an increase in unemployment and accelerated inflation. During stagflation there are also very high unemployment rates.

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