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XAT 95 BN Mock 2 GK Q2
General Knowledge (GK)
Economic and Business Environment Topic
Question
Updated
10 Aug 2026
General Knowledge (Business & Economy) Q2:
What does the economic term 'stagflation' signify?
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A
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A
Rapid economic boom with zero inflation
B
Stagnant economic growth combined with high inflation and high unemployment.
C
Deflationary currency revaluation
D
Surplus government budget reserves
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