Examlex
A frequency polygon results in a curve that looks as though the scores were continuously distributed.
Natural Rate of Unemployment
The level of unemployment consistent with a stable rate of inflation, determined by the structure and dynamics of the labor market.
Phillips Curve
An economic theory suggesting an inverse relationship between the level of unemployment and the rate of inflation within an economy.
Unemployment
The state of being jobless and actively seeking employment.
Inflation
The pace at which the universal cost levels of goods and services elevate, shrinking the value of money to buy.
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