Respuesta :
The nonaccelerating inflation rate of unemployment is the unemployment rate associated with low inflation and low unemployment.
The lowest level of unemployment that can exist in the economy before inflation begins to slowly increase is known as the non-accelerating inflation rate of unemployment (NAIRU).
Inflation is constant when it is at the NAIRU level; it rises when unemployment increases; it falls when unemployment declines.
The Federal Reserve has historically employed statistical models to place the NAIRU level between 5 and 6 percent unemployment despite the fact that there is no defined formula to calculate NAIRU.
The Federal Reserve's mission is to achieve maximum employment and price stability, and assessing the NAIRU level while looking into inflation and unemployment aids it in achieving these goals.
Hence, The nonaccelerating inflation rate of unemployment is the unemployment rate associated with low inflation and low unemployment.
Learn more about unemployment:
https://brainly.com/question/13280244
#SPJ1
