Economics · Macroeconomics (Inflation & Unemployment)
The term NAIRU (Non-Accelerating Inflation Rate of Unemployment) was coined by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1James Tobin (1972)
- 2A.W. Phillips (1958)
- 3Modigliani and Lucas Papademos (1975)✓
- 4Milton Friedman and Edmund Phelps (1968)
Correct answer
Modigliani and Lucas Papademos (1975)
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