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Unemployment Rate
The share of the employment pool that is currently without work yet is actively trying to find a job.
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, a key indicator of the economy's health.
Rational Expectations Theory
An economic theory suggesting that individuals form forecasts about the future based on all available information and past experiences, thereby influencing and typically accurately predicting future economic events.
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