Examlex
If a mass of oxygen gas occupies a volume of 8 L at standard temperature and pressure,what is the change in the volume if the temperature is decreased to 136 K and the pressure remains constant?
Phillips Curve
An economic concept that illustrates an inverse relationship between the rate of inflation and the unemployment rate in the short run.
Disinflates
Disinflation refers to a reduction in the rate of inflation, leading to a slower increase in the price levels of goods and services.
Unemployment Rate
The percentage of the working-age population that is unemployed and in the process of looking for a job.
Sacrifice Ratio
An economic term that refers to the amount of production or output that must be forgone in order to reduce inflation by one percentage point.
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