Examlex
What evidence supports the claim that American technology underwent a "revolution" between 1790 and 1820?
Natural Rate
A concept in economics referring to the level of any economic variable, such as unemployment or interest, that is not affected by short-term fluctuations.
Monetary Policy
The policy laid down by the central bank or monetary authority of a country, focusing on controlling the money supply and interest rates to achieve economic objectives.
Government Policy
Strategies and actions taken by a government to manage public resources and regulate national affairs.
Friedman And Phelps
Economists Milton Friedman and Edmund Phelps, known for their work on the natural rate of unemployment and the expectations-augmented Phillips curve.
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