The Examination of Inflation and Unemployment Data from the United

Multiple Choice

The examination of inflation and unemployment data from the United States from 1960 through 2016 indicates that the simple Phillips curve:

A) applied over the entire time period.
B) was inconsistent with data over the entire time period.
C) was inconsistent with data early in the time period but did apply later in the time period.
D) was consistent with data early in the time period but did not apply later in the time period.