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stagflation: Meaning and Definition of

stag•fla•tion

Pronunciation: (stag-flā'shun), [key]
— n.
  1. an inflationary period accompanied by rising unemployment and lack of growth in consumer demand and business activity.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
See also:
stagey Stagg
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