The Phillips curve shows the possible combinations of ________ and ________
a. potential output; the interest rate
b. the interest rate; the unemployment rate
c. the price level; real output demanded
d. the inflation rate; the unemployment rate
d
Economics
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Define the following terms and explain their importance to the study of economics
a. marginal cost b. marginal revenue c. short-run equilibrium d. supply curve of the firm e. economic profit
Economics
The person most closely associated with a conservative theory of poverty is
A. Charles Murray. B. William Julius Wilson. C. Frances Fox Piven. D. Barbara Ehrenreich.
Economics