what-does-double-jeopardy-mean-in-the-context-of-supply-shocks

Question

What does 'double jeopardy' mean in the context of supply shocks?

Accepted Answer

It refers to the simultaneous increase in both inflation and unemployment.

Answer

It refers to the increase in inflation and decrease in unemployment.

Answer

It refers to the simultaneous decrease in both inflation and unemployment.

Answer

It refers to the decrease in inflation and increase in unemployment.