Core inflation refers to the inflation picture after stripping away the


Core inflation refers to the inflation picture after stripping away the Multiple Choice o capital goods prices. o food and en

The unemployed are those people who Multiple Choice 0 do not have jobs 0 are not employed but are seeking work. 0 are not wor
Full employment refers to the situation when there is Multiple Choice Ο 100% employment of the labor force. Ο a 0% unemploy

Answer

1. Core inflation is defined as an inflation measure that excludes transitory price volatility, such as excluding the price of food and energy.

food and energy prices.

2. The unemployed are those people who are not employed but are seeking work.

3. “Full employment” refers to the situation when there is:

No cyclical unemployment.

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