Hysteresis
What Hysteresis means in Economics A-Level, as defined for AQA.
Definition of Hysteresis
Check what you remember
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Reference: AQA
Long-term unemployment permanently reducing the economy's productive potential.
Topics that use Hysteresis
- Employment and unemployment (AQA A-Level)
Related terms
- Causes of unemployment
- Claimant Count
- Cyclical unemployment
- Frictional unemployment
- Labour Force Survey
- Labour market rigidities
- Labour mobility
- Living standards
Using Hysteresis in the exam
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