Examlex
The term "computer virus" is attributed to __________.
Real Wages
Wages or salaries adjusted for inflation, reflecting the true purchasing power of income.
Potential Output
The economy’s maximum sustainable output, given the supply of resources, technology, and rules of the game; the output level when there are no surprises about the price level.
Natural Rate
The natural rate refers to the long-term unemployment rate that an economy experiences under normal conditions, unaffected by short-term cyclical fluctuations.
Full-Employment
A scenario where an economy utilizes all accessible labor resources in the most optimized manner.
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