NAIRU

  • Creator
    Topic
  • #1503294
    Anonymous
    Inactive

    Hello I was wondering if someone could explain to me what NAIRU means. I’m not understanding what Roger is saying. I need a more “dumbed down” version. Any help is greatly appreciated!

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  • #1503343
    Anonymous
    Inactive

    I wish I could remember LOL. He's got way too many mnemonics to remember hahaha I'd almost need a mnemonic to remember all of them. I remember NAIRU was in FAR somewhere.

    #1503397
    RE2PECT
    Participant

    Doesn't it have something to do with unemployment? I wouldn't spin your wheels too much on it and just get the basic concept down. There's a bunch of material in Roger's economics chapter that you don't need to know. For economics, I'd rather focus on topics like inflation and how changes in currency rates affect trade between two countries.

    FAR: 75 Roger & Ninja (notes/flashcards/audio/MCQ)
    AUD: 73, 81
    BEC: 71, retake 8/29
    REG:

    #1503448
    Anonymous
    Inactive

    Thank you @RE2Pect.

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