Solved

In His Famous Article Published in an Economics Journal in 1958,A.W.Phillips

Question 7

Multiple Choice

In his famous article published in an economics journal in 1958,A.W.Phillips


A) used data for the United States to show a negative relationship between the rate of change of the U.S.consumer price index and the U.S.unemployment rate.
B) used data for the United States to show a negative relationship between the rate of change of wages in the U.S.and the U.S.unemployment rate.
C) used data for the United Kingdom to show a negative relationship between the rate of change of the U.K.consumer price index and the U.K.unemployment rate.
D) used data for the United Kingdom to show a negative relationship between the rate of change of wages in the U.K.and the U.K.unemployment rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions