Examlex
A rightward shift of the Phillips Curve suggests that:
Bureau of Labor Statistics
The Bureau of Labor Statistics is a government agency that collects, analyzes, and disseminates various data related to employment, wages, and other economic indicators in the United States.
Official Unemployment Rate
The percentage of active job seekers within the labor force who are presently without a job.
Imperfect Measure
A term used to describe a metric or means of evaluation that does not capture or reflect all relevant aspects perfectly.
Measuring Unemployment
The process of determining the unemployment rate by identifying the percentage of the workforce that is not currently employed but actively seeking work.
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Q7: Prominent supply-side economist Arthur Laffer has argued
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Q220: The bank rate is the rate of