Multiple Choice
The inverse trade-off between inflation and unemployment is known as the:
A) Laffer curve.
B) aggregate supply curve.
C) Phillips curve.
D) aggregate demand curve.
E) Keynesian curve.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: The long-run Phillips curve is a upward-sloping
Q9: Economists began to lose confidence in the
Q10: Incomes policies are based on discretionary monetary
Q11: A preannounced contractionary money policy is more
Q12: During the 1960s, the inflation rate and
Q14: According to adaptive expectations theory, which of
Q16: The Phillips curve represents an inverse relationship
Q17: Exhibit 17-4 Short-run and long-run Phillips curves
Q18: Which of the following statements is true
Q59: When people use recent information to gradually