[Solved] Which of the following is wrongly matched?

Q.	Which of the following is wrongly matched?
A.	Depression: Insufficient demand causing large scale unemployment of men and machinery over a long period of time
B.	Recession: Reduction in demand and production/ investment over a short period of time
C.	Stagflation: slow pace of economic activity due to falling prices
D.	Boom: Rapid and all-round spurt in economic activity
Answer» C. Stagflation: slow pace of economic activity due to falling prices

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