The Phillips curve is thought to reflect the relationship between
A) unemployment and inflation. B) the price level and inflation.
C) unemployment and real GDP. D) inflation and real GDP.
A
Economics
You might also like to view...
In the above figure, a shift in the budget line in the direction indicated would occur as a result of
A) a decrease in money income. B) an increase in money income. C) a fall in the price of a movie. D) a rise in the price of movie.
Economics
What determines prices and inflation in the long-run classical model?
A. money supply B. aggregate demand and supply C. interest rates D. saving and investment
Economics