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.

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Definitions:

Detailed Calendar

An elaborately organized schedule that outlines tasks, events, and activities, typically with specific dates and times.

Reacting With Hostility

Responding to situations or persons with anger, aggression, or opposition.

Type D Personality

A personality disposition characterized by high negative affectivity (e.g., worry, irritation) and social inhibition (reticence and a lack of confidence in social interactions).

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