Stagflation
What Stagflation means in Economics A-Level, as defined for AQA.
Definition of Stagflation
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Reference: AQA
A condition in which the price level is pushed up while real output is simultaneously reduced, potentially caused by cost-push inflation.
Topics that use Stagflation
- Inflation and deflation (AQA A-Level)
Related terms
- Aggregate demand
- Cost-push inflation
- Debt and wealth effects
- Deflation
- Deflationary policies
- Demand-pull inflation
- Depreciation
- Disinflation
Using Stagflation in the exam
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