WORD: STAGFLATION
MEANING:
1. Sluggish economic growth coupled with a high rate of inflation and unemployment.
EXAMPLE/USAGE:
1. “Continued increase in inflation combined with stagnant demand and high unemployment will lead to what economists term as ‘stagflation’, a dangerous territory from which it becomes very hard for large economies to recover,” he said.
PRONOUNCE:
stag·fla·tion - स्टैग्फ्लेशन / स्टैग्फ्लैशन
LINK: STAGFLATION
MEANING:
1. Sluggish economic growth coupled with a high rate of inflation and unemployment.
EXAMPLE/USAGE:
1. “Continued increase in inflation combined with stagnant demand and high unemployment will lead to what economists term as ‘stagflation’, a dangerous territory from which it becomes very hard for large economies to recover,” he said.
PRONOUNCE:
stag·fla·tion - स्टैग्फ्लेशन / स्टैग्फ्लैशन
LINK: STAGFLATION
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