Hysteresis
Revision as of 16:54, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "Hysteresis is the long-lasting influence of history, such as on the natural rate of unemployment. ==Definition== According to Macroeconomics by Mankiw (7th edition),...")
Hysteresis is the long-lasting influence of history, such as on the natural rate of unemployment.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Hysteresis. The long-lasting influence of history, such as on the natural rate of unemployment.