The nonaccelerating inflation rate of unemployment is a measure of the natural rate of inflation.

Name: The nonaccelerating inflation rate of unemployment is a measure of the natural rate of inflation.
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The nonaccelerating inflation rate of unemployment (NAIRU) is a concept in economic theory that represents a level of unemployment below which inflation rises. It is not a measure of the natural rate of inflation, but rather the rate of unemployment at which inflation does not accelerate.

The Nonaccelerating Inflation Rate of Unemployment Is a Measure of the Natural