Examlex
The percentage change in the overall level of prices in the economy is called:
Phillips Curve
A macroeconomic theory that suggests unemployment and inflation have a stable and inverse relationship, indicating trade-offs short-term policy-making.
Disinflation
A reduction in the rate of inflation, indicating a slowdown in the rate at which prices are rising.
Money Supply Growth
The rate at which the total amount of money available in an economy changes over a specific period of time.
Unemployment
Unemployment refers to the situation when individuals who are capable of working and are actively seeking employment are unable to find a job.
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