Examlex
A stakeholder is a person or group with a vested interest in an organization's well-being.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Natural Rate
The long-term rate of an economic variable, such as unemployment or interest, that is not influenced by cyclical or short-term factors.
Long-Run Phillips Curve
A visual representation showing the relationship between inflation and unemployment rates, suggesting that in the long run, there is no trade-off between inflation and unemployment.
Money Supply
The sum total of financial assets available in an economy at a certain point in time.
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