Nairu


[ney-roo] /ˈneɪ ru/

noun, Economics.
1.
the nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.
/ˈnaɪruː/
noun acronym (economics)
1.
non-accelerating inflation rate of unemployment: the rate of unemployment at which inflation is neither accelerating nor decelerating Also called natural rate of unemployment
nonaccelerating inflation rate of unemployment

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