Examlex
Natural disasters can limit population growth in ways not related to population density.
Short-Run Phillips
A concept in economics that illustrates an inverse relationship between the rate of unemployment and the rate of inflation over the short term.
Expansionary Monetary
Refers to a policy aimed at increasing the money supply in order to stimulate economic activity, typically adopted by a central bank to foster economic growth.
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.
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