Examlex
Explain the two-factor theory of emotion as put forth by Stanley Schachter and Jerome Singer with an example.
Unemployment Rate
The ratio of individuals without employment, yet are actively pursuing job opportunities in the labor force.
Disinflation
A decrease in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services increase over time.
Phillips Curve
An economic concept that illustrates an inverse relationship between the rate of inflation and the unemployment rate in the short run.
Disinflates
Disinflation refers to a reduction in the rate of inflation, leading to a slower increase in the price levels of goods and services.
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