Task: Text Categorization
Input (English): Murray Rothbard suggests that social taboos can eliminate the "classical" form of this phenomenon. The Beveridge curve plots this against the vacancy rate. The NAIRU is a measure of this for a market with neither upward nor downward pressure on inflation. Okuns Law predicts a 2.5 percent gap in GDP for every additional one percent rise in the rate of this. Keynes argued that because wages are sticky, this is caused by a drop in aggregate demand. For 10 points, name this statistic plotted against inflation on the Phillips Curve, which measures the percentage of people out of work.
Output (English): Social Science