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EnglishTHE SCHOLAR'S LEXICON

nairu

/ney-roo/US // ˈneɪ ru //UK // (ˈnaɪruː) //

NAIRU

Definitions

n.名词 noun
  1. 1

    Economics.

    • : nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.

Examples

  • It was this whole view, something called the NAIRU—the non-accelerating inflation rate of unemployment.

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