Using a Name or Description of an Item That You

question 275

Short Answer

Using a name or description of an item that you can't point to, provide a definition by example for "reasoning." If you have difficulty doing so, try to identify the source of the trouble.

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Definitions:

Reducing Unemployment

The act of implementing policies or actions by governments or businesses to decrease the number of unemployed individuals in the economy.

Phillips Curve

An economic theory suggesting an inverse relationship between the rate of inflation and the rate of unemployment in an economy.

Unemployment Rate

The quantum of the working population that is job-free and in active search of employment.

Inflation Rate

The percentage increase in the general level of prices for goods and services over a certain period of time.