profile-img
Eduncle posted an MCQ
October 20, 2019 • 16:11 pm 0 points
  • UGC NET
  • Economics

Non Accelerating Inflation Rate of Unemployment (NAIRU) means :

Choose Your Answer:
0 Attempts Submit Now
  • 0 Likes
  • 1 Comments
  • 0 Shares
  • comment-profile-img>
    Eduncle Best Answer

    The non-accelerating inflation rate of unemployment also refer to as the long run philips curve is the specific level of unemployment that is evident in an economy that doesn’t cause inflation to rise up.
    NAIRU often represents equilibrium between the state of the economy and the labour market.

whatsapp-btn

Do You Want Better RANK in Your Exam?

Start Your Preparations with Eduncle’s FREE Study Material

  • Updated Syllabus, Paper Pattern & Full Exam Details
  • Sample Theory of Most Important Topic
  • Model Test Paper with Detailed Solutions
  • Last 5 Years Question Papers & Answers