nai·ru (nā'rōō) n. The lowest unemployment rate that an economy can accommodate without causing inflation.
[n(on)a(ccelerating) i(nflation) r(ate of) u(nemployment).] |
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
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Abbreviations & Acronyms
Nairu nonaccelerating inflation rate of unemployment |
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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