Stagflation Occurs When

question 118

Multiple Choice

Stagflation occurs when

• A)inflation rises and GDP rises.
• B)inflation falls and GDP rises.
• C)inflation rises and GDP falls.
• D)inflation falls and GDP falls.

---

Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of a business venture.

Startup

A young company founded to develop a unique product or service, bring it to market, and make it scalable, often characterized by innovation and rapid growth.

Grit

A character trait characterized by perseverance and passion for achieving long-term goals, often associated with resilience and determination.

Excellence

The quality of being outstanding or extremely good in performance, practice, or service.