Economics · Inflation and Unemployment
The Non-Accelerating Inflation Rate of Unemployment (NAIRU) is defined as:
- 1A rate of unemployment which is eq ual to the rate of inflation
- 2A rate of inflation for which the change in the rate of unemployment is zero
- 3A rate of inflation which makes the rate of unemployment zero
- 4A rate of unemployment for which the change in the rate of inflation is zero✓
Correct answer
A rate of unemployment for which the change in the rate of inflation is zero
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