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An oxidizing agent is reduced during a redox reaction.
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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