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Inflation
How rapidly the across-the-board prices of goods and services increase, impairing fiscal buying ability.
Unemployment
Unemployment occurs when individuals who are capable of working and are looking for a job are unable to find employment. It is a key economic indicator.
Money Neutral
The principle that changes in the money supply only affect nominal variables and not real variables like output in the long run.
Favorable Supply Shock
An unexpected event that increases the supply of a product or service, leading to lower prices and benefiting consumers.
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