natural rate level of output
natural rate level of output
Glossary of money, banking and financial markets
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Economics
Definition of natural rate level of output
natural rate level of output: The level of aggregate output produced at the natural rate of unemployment at which there is no tendency of wages or prices to change.
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Glossary of money, banking and financial markets
Economics money banking and financial market glossary index of terms
Definition and meaning of natural rate level of output
Meaning of natural rate level of output
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