Hello guys
This is Yasu enjoying Sunday night and suddenly realizes that I haven’t done my homework.
The homework for this week is to research some kind of a topic.
The topic I chose is “Stagflation”.
I heard that Korea is in Stagflation? (in? during? What do you use for Stagflation?)
And the question is, what is Stagflation?
Mr. Wikipedia told me that “stagflation is a situation in which the inflation rate is high and the economic growth rate slows down and unemployment remains steadily high.”
High inflation and low job available.
Thanks Mr. Wikipedia!
Here is the link.
http://en.wikipedia.org/wiki/Stagflation
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