NAIRU
C2CEFR level
95/100Rarity: very rare
TechnicalRegister
The non-accelerating inflation rate of unemployment, the level below which inflation tends to rise.
The central bank argued that pushing unemployment below the NAIRU would stoke a wage-price spiral.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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