Examlex
Explain William J. Wilson's claim "class has become more important than race" in The
Declining Significance of Race. What did critics of this comment have to say?
Constant
A fixed value or term that does not change in mathematical equations or scientific experiments.
Friedman And Phelps
Economists who contributed to the understanding of the relationship between inflation and unemployment, challenging the Phillips Curve concept.
Expected Change
Anticipated variation in a condition or value, often used in the context of economic indicators or market trends.
Unemployment Rate
The percentage of the labor force that is jobless and actively seeking employment.
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