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Challenge for economists
Answer for the clue "Challenge for economists ", 11 letters:
stagflation
Alternative clues for the word stagflation
Word definitions for stagflation in dictionaries
WordNet
Word definitions in WordNet
n. a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
Wiktionary
Word definitions in Wiktionary
n. (context economics English) inflation accompanied by stagnant growth, unemployment or recession.
Wikipedia
Word definitions in Wikipedia
In economics , stagflation , a portmanteau of stagnation and inflation , is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It raises a dilemma for economic policy , since actions ...
Longman Dictionary of Contemporary English
Word definitions in Longman Dictionary of Contemporary English
noun EXAMPLES FROM CORPUS ▪ Most of the downtown bread stores have been driven out of business by stagflation . ▪ This will be difficult to do in a period of stagflation .
Douglas Harper's Etymology Dictionary
Word definitions in Douglas Harper's Etymology Dictionary
1965, apparently coined by U.K. politician Iain Macleod (1913-1970), from stag(nation) + (in)flation .\n\nAttacking the Government's economic policy last night in the House of Commons, Mr. Iain Macleod (West Enfield - Con.) the Opposition spokesman on Treasury ...
Usage examples of stagflation.
There was double-digit stagflation, gasoline lines, and interest rates were up 20 percent.
Social Security survived World War II, the Cold War, Vietnam, the sexual revolution, oil shocks, stagflation, and the demise of Kozmo.