Examlex
One useful technique for presenting bad news positively is to present your reasoning using first and third person while avoiding second person.
Price Level
Price Level is a measure of the average prices of goods and services in an economy at a given time, often used to assess inflation or deflation.
Inflation Rate
The percentage increase in the general price level of goods and services in an economy over a period of time.
A.W. Phillips
An economist known for describing the inverse relationship between rates of unemployment and corresponding rates of inflation, which is now known as the Phillips Curve.
United Kingdom
A sovereign country located off the northwestern coast of mainland Europe, comprising England, Scotland, Wales, and Northern Ireland.
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