Examlex
Which of the following is a lagging economic indicator?
Natural Rate
Often refers to the natural rate of unemployment, which is the level of unemployment consistent with a stable rate of inflation, or the equilibrium rate unaffected by short-term fluctuations.
Fully Employed
Refers to a situation where all available labor resources are being used in the most economically efficient way.
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a specific time period.
Natural Rate
The natural rate typically signifies the unemployment rate that maintains a steady inflation rate over time, also known as the natural rate of unemployment.
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