Multiple Choice
According to Phillips, which set of two items have a negative relation?
A) output and unemployment
B) output and employment
C) wage inflation and output
D) wage inflation and unemployment
Correct Answer:

Verified
Correct Answer:
Verified
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Q94: Figure 17-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 17-4
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Q96: Figure 17-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 17-3