Key Terms
Question
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
Employed
Unemployed
Labor force
Labor force participation rate
Unemployment rate
Discouraged workers
Marginally attached workers
Underemployed
Jobless recovery
Job search
Frictional unemployment
Structural unemployment
Efficiency wages
Natural rate of unemployment
Cyclical unemployment
Real wage
Real income
Inflation rate
Shoe-leather costs
Menu costs
Unit-of-account costs
Nominal interest rate
Real interest rate
Deflation
Disinflation
Aggregate price level
Market basket
Price index
Consumer price index (CPI)
Producer price index (PPI)
GDP deflator