An increase in the rate of aggregate economic growth usually the rate of change in the structure of labour demand, and thus tends to NAIRU .

Question

Quizplus · Accepted Answer

An increase in the rate of aggregate economic growth typically speeds up the rate of change in the structure of labor demand, which can lead to an increase in the Non-Accelerating Inflation Rate of Unemployment (NAIRU) due to potential mismatches in skills and job requirements.

An Increase in the Rate of Aggregate Economic Growth Usually