The Phillips curve describes the relationship between
A) output growth and unemployment.
B) inflation and output growth.
C) output growth and money supply.
D) inflation and unemployment .
D
Economics
You might also like to view...
Define the following terms and explain their importance to the study of economics
a. price elasticity b. complements c. substitutes d. cross elasticity e. supply elasticity
Economics
Which of the following is true regarding tacit collusion?
A) It is an informal, unstated agreement. B) It is illegal. C) It is more likely to occur when the price elasticity of demand is large. D) It is more likely to occur when barriers to entry are low.
Economics