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What is an effect of stagflation?

What is an effect of stagflation?
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What is an effect of stagflation?

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User Davit Tovmasyan
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Stagflation is three things: high inflation, stagnation, and unemployment. In other words, stagflation creates an economy characterized by quickly rising prices.
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User Ryan Stout
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The value of a country's currency drops.
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User Jurajo
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