The nonaccelerating inflation rate of unemployment is the unemployment rate associated with ____ inflation and _____ unemployment.
A) high; high
B) high; low
C) low; high
D) low; low

Question

Quizplus · Accepted Answer

The nonaccelerating inflation rate of unemployment (NAIRU) is the level of unemployment at which inflation does not accelerate, typically associated with low inflation and low unemployment.

The Nonaccelerating Inflation Rate of Unemployment Is the Unemployment Rate