Question 2 Media article and questions suggested words (350) (4 marks) The following article appeared in the ABC News on 27 October 2021 and relates to an interesting economic phenomenon that may be emerging in the Australian economy and in other economies around the world as Covid-induced lockdowns end. What is Stagflation and will it hit Australia's economy again? - ABC News Read the article by business reporter Gareth Hutchens and answer parts (a) and (b) below. (a) What is Stagflation and why are economists concerned that this phenomenon may be taking place here in Australia and indeed other economies? (h) Why is Stagflation a difficult economic situation to address using monetary and fiscal policy