Examlex
The Indonesian tsunami began with an earthquake from subduction zone. Explain what each of the following people would have seen during the tsunami.
A) A person in a cruise ship in the ocean, near the subduction zone .
B) A person swimming in the ocean, but near the shoreline closest to the subduction zone.
C) A person on the land closest to the subduction zone, but a quarter mile from the shoreline.
D) A person on the land far from the subduction zone, but near the shoreline of the ocean that the tsunami travelled in.
Phillips Curve
A concept in economics illustrating the inverse relationship between the rate of unemployment and the rate of inflation in an economy over time.
Unemployment
The condition of being without work while actively searching for employment, often expressed as a percentage of the labor force.
Inflation Rates
An indicator of how quickly the overall price level for goods and services increases, leading to a decline in purchasing power.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment, used as a key indicator of labor market health.
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