- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 10. Aggregate Output, Prices, and Economic Growth
- Subject 6. Equilibrium GDP and Prices
CFA Practice Question
When the economy experiences a combination of recession and inflation, the situation is called ______.
B. hyperinflation
C. stagflation
A. an inflationary/recessionary gap
B. hyperinflation
C. stagflation
Correct Answer: C
User Contributed Comments 2
| User | Comment |
|---|---|
| AUAU | What is hyperinflation? |
| reganbaha | Weimar republic, Zimbabwe etc. |