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Keshav Sharma
Economics Concepts

Non-Accelerating Inflation Rate of Unemployment (NAIRU)

It is the level of unemployment below which the rate of inflation is expected to rise. It means that the rate of inflation increases when the rate of unemployment goes below the NAIRU level.

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Non-Accelerating Inflation Rate of Unemployment (NAIRU)
Non-Accelerating Inflation Rate of Unemployment (NAIRU)

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