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Suppose the usual benchmark for a country's economic condition is comprised of: 2% inflation and 2% real GDP growth. Now a country has the following
Suppose the usual benchmark for a country's economic condition is comprised of: 2% inflation and 2% real GDP growth. Now a country has the following statistics: 5% inflation and 0.5% real GDP growth. Which of the following most likely represents the current state of the country's economy? Question 4 options: Stagflation Goldilocks Lost decade Over-heated
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