Inflationary recessions

A) cannot possibly occur.
B) have not occurred over the last 50 years.
C) are easily dealt with by conventional monetary and fiscal policies.
D) have occurred during 1970s and 1980s.

Inflationary Recessions

Periods characterized by rising prices (inflation) occurring simultaneously with a decline in economic activity and employment (recession).

Monetary

Pertaining to currency or money, including policies, management, and the overall financial system that regulates money supply and interest rates in an economy.

Fiscal Policies

Government policies related to taxation and spending with the aim of influencing economic conditions.