Examlex
What are some of the functions of an estuary? Can you hypothesize why it is important to save for animals? What about for humans?
Unemployment Rate
The percentage of the labor force that is unemployed and actively seeking employment.
Short-run Phillips Curve
A visual diagram illustrating the short-term inverse correlation between inflation rates and unemployment rates.
Policymakers
Individuals or groups responsible for making and implementing policies, especially in government and legislative contexts.
Natural-rate Hypothesis
The theory suggesting that there is a specific level of unemployment that exists in an economy that is not eliminated by monetary policy in the long run.
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