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Natural Rate
The rate of any economic activity that is considered to be sustainable in the long term without causing inflation; often used in the context of unemployment.
Natural Rate
The equilibrium rate of unemployment or interest when the economy is operating at a full capacity without short-term fluctuations.
Natural Rate
A concept referring to the level of economic activity or rate (such as unemployment) that corresponds to the economy's long-term potential or equilibrium state.
Long-run Unemployment
A situation where the unemployment rate persists at a high level for a long period of time, often due to structural changes in the economy.
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