Examlex
Group presentations should not waste time on introducing each speaker by name.
Expected Inflation
The rate at which the general level of prices for goods and services is expected to rise.
Short-run Phillips Curve
A graphical representation that shows the inverse relationship between the rate of unemployment and the rate of inflation in an economy over the short term.
Long-run Phillips Curve
A concept in economics indicating that in the long term, there is no trade-off between inflation and unemployment, represented as a vertical line at the natural rate of unemployment.
Money Supply Growth Rate
The speed at which the quantity of money circulating within an economy is growing.
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