Description

Gain an overview of policymakers' strategic objectives to maintain a stable and flourishing economy, as well as key concepts such as inflation, its measurement, and the differences between core and non-core inflation. Explore the various types of unemployment and the natural rate of unemployment.

Learning Objectives

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1. Recall how inflation is measured.
2. Differentiate between core and non-core inflation.
3. Identify the various types of unemployment.
4. Recall the strategic objectives of policymakers to maintain a stable and flourishing economy.