The Lowest Possible Unemployment Rate That Will Not Cause the Inflation

question 57

Multiple Choice

The lowest possible unemployment rate that will not cause the inflation rate to increase is called:

• A) the nonaccelerating inflation rate of unemployment (NAIRU).
• B) the natural rate of unemployment.
• C) full employment.
• D) All of these are true.

---

Definitions:

Development

involves the process of growth, change, and progression in physical, emotional, intellectual, and social capabilities and understanding throughout the lifespan.

Archetype

In psychology, universally inherent, primordial patterns and images that form part of the collective unconscious.

Ego

In psychoanalytic theory, the part of the personality that mediates between desires, the conscience, and reality to make rational decisions.

Childhood

The period in a human's life that spans from birth to adolescence, characterized by growth, learning, and play.