Examlex
Which would have a terminal phase with the longest trajectory?
Financial Crisis
A broad term for a situation when financial assets rapidly lose a significant part of their nominal value.
Contractionary Monetary Policy
A central banking strategy involving the increase of interest rates or reduction of the money supply to decrease inflation and slow down economic growth.
Short-Run Phillips Curve
A curve illustrating an inverse relationship between the rate of inflation and the rate of unemployment in the short term.
Disinflation
A decrease in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.
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