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What does NAIRU stand for?
  • a)
    Natural Adjustment of Inflation and Unemployment Rate
  • b)
    Non-Aggressive Inflation and Unemployment Ratio
  • c)
    Non-Accelerating Inflation Rate of Unemployment
  • d)
    National Average Inflation and Unemployment Rate
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What does NAIRU stand for?a)Natural Adjustment of Inflation and Unempl...
NAIRU stands for Non-Accelerating Inflation Rate of Unemployment, indicating the rate of unemployment at which inflation stabilizes.
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What does NAIRU stand for?a)Natural Adjustment of Inflation and Unemployment Rateb)Non-Aggressive Inflation and Unemployment Ratioc)Non-Accelerating Inflation Rate of Unemploymentd)National Average Inflation and Unemployment RateCorrect answer is option 'C'. Can you explain this answer?
Question Description
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