Examlex
Which of the following is not an algorithm?
Phillips Curve
An economic concept that illustrates an inverse relationship between the rate of unemployment and the rate of inflation in an economy.
Natural Rate
Refers to the level of economic output or unemployment that is consistent with stable inflation, not influenced by short-term fluctuations.
Money Supply Growth
An increase in the total amount of money in circulation or in the economy, which can affect inflation rates, interest rates, and economic growth.
Phillips Curve
A concept in economics illustrating an inverse relationship between the rate of unemployment and the rate of inflation within an economy.
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