Answer:
True
Step-by-step explanation:
A flat economy is also known as a staggering economy. At stagnation, the economy is not growing; neither is it receding. When the economy is flat, the economic indicators are constant.
If the growth is minimal, it is also considered flat. For example, a growth rate of less than 2 percent per year is low. If the economy experiences a consistent low growth rate for a prolonged period, it becomes flat.