Examlex
Which of the following statements is true with respect to perceptual accuracy?
Natural Rate
The natural rate often refers to the natural rate of unemployment, which is the level of unemployment consistent with sustainable economic growth, not accelerated by inflation.
Unexpectedly High
A level or measure that exceeds what was anticipated or forecasted.
Natural Rate
The long-term rate of unemployment around which the unemployment rate fluctuates, or the rate of output expected when resources are fully employed.
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