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What is a stagnant economy

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What is a stagnant economy
  • 3 answers

Divyansh Shyam 3 years, 2 months ago

Stagnation is a situation that occurs within an economy when total output is either declining, flat, or growing slowly. Persistent unemployment is also a characteristic of a stagnant economy. Stagnation results in flat job growth, no wage increases, and an absence of stock market booms or highs.

Sachin Yadav 6 years, 3 months ago

A stagnant economy is one which shows little or no growth in income

Gaurav Seth 6 years, 3 months ago

Stagnation is a prolonged period of little or no growth in an economy. Economic growth of less than 2 to 3% annually is considered stagnation, and it is highlighted by periods of high unemployment and involuntary part-time employment. Stagnation can also occur on a smaller scale in specific industries or companies.

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