Examlex
Which of the following is NOT included in M1?
Annual Inflation Rate
The percentage increase in the price level of goods and services in an economy over a year.
Overestimating
The act of assessing something more highly than its actual value or performance, often leading to errors in judgment or planning.
Structurally Unemployed
Describes individuals who are unemployed due to a mismatch between their skills and the jobs available, often because of technological change or fundamental shifts in an economy.
Pay Cut
A pay cut is a reduction in an employee’s salary or wages, often implemented by employers to reduce costs during financial hardships or organizational restructuring.
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