If stagflation is bad (high inflation and high unemployment), does this necessarily mean low inflation and low

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If stagflation is bad (high inflation and high unemployment), does this necessarily mean low inflation and low unemployment is good?

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Economics of Money Banking and Financial Markets

ISBN: 978-0134733821

12th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 30, 2018 08:07 AM

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If stagflation is bad (high inflation and high unemployment), does this necessarily mean low inflation and low

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Not necessarily Even though low unemployment is desi...View the full answer

Economics of Money Banking and Financial Markets

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