Examlex
Explain what is meant by androgyny, and why being androgynous is more adaptable for both males and females.
Inflation Expectations
Consumers' and investors' predictions about future inflation rates, which can influence economic decisions and actual inflation through their impact on wages, prices, and interest rates.
Short-run Phillips Curve
A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in an economy over the short-term.
Short-run Phillips Curve
A curve that illustrates an inverse relationship between the rate of inflation and the rate of unemployment for a given period, assuming other factors remain constant.
Inflation Expectations
The expected pace of future price increases, impacting how individuals choose to save and spend money.
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