Examlex
The velocity of a longitudinal wave traveling down a solid rod depends on both the elastic modulus of the material and its density.
Frictionally Unemployed
Individuals temporarily unemployed while transitioning between jobs, often viewed as a natural part of the labor market.
Rate of Inflation
The rate of inflation is the annual percentage increase in the overall price level of goods and services in an economy over a period of time.
Unemployment Rate
The percentage reflecting those who are in the labor force and are not employed, yet are seeking employment.
Cost-push Inflation
Inflation caused by an increase in prices of inputs like labour, raw material, etc. It’s when the supply side of the economy ’s production function becomes more expensive.
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