Examlex
Which of the following best describes the number of characters that can be represented in the Unicode character set?
Short-run Phillips Curve
A graphical representation that shows the inverse relationship between the level of unemployment and the rate of inflation in the economy over the short-term.
Inflation
The rate at which the general level of prices for goods and services is rising, and, consequently, the purchasing power of currency is falling.
Unemployment
Occurs when individuals who are actively seeking work are unable to find employment. It is typically measured as a percentage of the labor force.
Supply Shocks
Unexpected events that suddenly change the supply of a good or service, potentially leading to rapid price changes.
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