Examlex
Which of the following regarding biomes is not true?
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Natural Rate of Unemployment
The level of unemployment consistent with a stable rate of inflation, also seen as the equilibrium between the labor force and the number of available jobs.
Actual Inflation
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling, as measured over a specific period.
Expected Rate of Inflation
The expected pace at which the overall price level of goods and services will increase over time.
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