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Related Definitions
NAIRU (nonaccelerating inflation rate of unemployment) NAIRU (nonaccelerating inflation rate of unemployment) is the rate of unemployment when demand for labor equals supply, consequently elimination the tendency for the inflation rate to change.
Nonaccelerating inflation rate of unemployment Nonaccelerating inflation rate of unemployment is the rate of unemployment when demand for labor equals supply, consequently elimination the tendency for the inflation rate to change.
Inflation rate Inflation rate is the rate of change of the price level, usually measured as a percentage changer per year.
Core inflation rate Core inflation rate is the inflation rate of an economy after energy and food prices are removed.
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