Examlex
The credit-ticket system allowed impoverished Chinese to
Inflation Reduction
Efforts or policies aimed at slowing the rate of inflation in order to stabilize the economy and maintain the purchasing power of currency.
Natural Rate
Often referred to as the natural rate of unemployment, it is the level of unemployment consistent with a stable inflation rate.
Phillips Curves
The economic theory suggesting an inverse relationship between inflation and unemployment rates over the short-term.
Expected Inflation
The rate of inflation that consumers, businesses, and investors anticipate will occur in the future, which can influence economic behavior in the present.
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