[ ney-roo ]
/ ˈneɪ ru /
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nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.
QUIZ YOURSELF ON "WAS" VS. "WERE"!
Were you ready for a quiz on this topic? Well, here it is! See how well you can differentiate between the uses of "was" vs. "were" in this quiz.
Question 1 of 7
“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.
Origin of nairu
First recorded in 1975–80; acronym
Words nearby nairu
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
Example sentences from the Web for nairu
It was this whole view, something called the NAIRU—the non-accelerating inflation rate of unemployment.
British Dictionary definitions for nairu
/ (ˈnaɪruː) /
n acronym for economics
non-accelerating inflation rate of unemployment: the rate of unemployment at which inflation is neither accelerating nor deceleratingAlso called: natural rate of unemployment
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012