Question: When there is a recession (a fall in output) and prices are increasing, and this situation is caused by adverse supply shocks, the term economists

 When there is a recession (a fall in output) and prices

When there is a recession (a fall in output) and prices are increasing, and this situation is caused by adverse supply shocks, the term economists use to describe it is d. stagnation b. inflation o caggregate shifts d. stagflation

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