Examlex
In 1990,the Occupational Safety and Health Act (OSHA Act) was passed to prevent workers from being seriously injured or killed at work.
Disinflation
A reduction in the rate of inflation; a slowdown in the rate at which prices increase over time.
Sacrifice Ratio
An economic ratio that measures the effect of rising unemployment on the reduction of inflation within an economy.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, and, subsequently, eroding purchasing power.
Annual Output
The total value of goods and services produced by an economy or a firm in one year.
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