Examlex
What type of analytics addresses questions of "Why did it happen?"?
Unemployment
The condition wherein people who are able and willing to work and are actively looking for work cannot secure a job.
Contractionary Monetary Policy
A monetary policy strategy used by central banks to reduce inflation and cool an overheated economy by raising interest rates or increasing reserve requirements.
Inflation
The frequency at which the all-encompassing costs of goods and services heighten, eroding financial purchasing capability.
Unemployment Rate
The percentage of the labor force that is jobless and actively looking for work.
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