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Deflation
A decrease in the general price level of goods and services in an economy over a period of time.
Cyclical Unemployment Rate
The component of overall unemployment that corresponds to the cyclical conditions of an economy, fluctuating with the business cycle.
Overall Unemployment Rate
The scope of unemployment in the labor force, focusing on those actively seeking employment.
Disinflation
A reduction in inflation rates, signaling a deceleration in the pace at which the prices of goods and services rise.
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