Stagflation [Causes of Stagflation + Ways to Overcome It]

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  • Math

  • High School

  • 12th grade

  • Calculus and Advanced Math Concepts

  • English

Author's Instructions

Stagflation is the worst phase of an economy; Despite rising unemployment rateseconomic growth declines instead of reducing inflation

Central banks face significant challenges in monetary policy during this period due to sticky inflation, leaving little room for expansionary monetary or fiscal policies.

At the same time, stimulative and supportive policies must be implemented to revive the economy.