Examlex
Mariano has been shown a rectangle with a pattern covering all but a small part of it. He is asked to choose from six different patterned pieces the one that will fill in the rectangle. Mariano is taking which test?
Natural Rate
Natural Rate often refers to the natural rate of unemployment, which is the level of unemployment consistent with sustainable economic growth, where inflation is stable.
Unemployment
The state of being jobless and actively looking for work.
Recession 2008-2009
A period marked by a significant decline in economic activity across the global economy, initiated by the financial crisis of 2007-2008.
Business Cycle
The natural rise and fall of economic growth, consisting of periods of expansion and contraction in the economy over time.
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