Multiple Choice
The Phillips curve shows:
A) the relationship between the interest rate and the inflation rate.
B) the relationship between the inflation rate and the rate of unemployment.
C) the relationship between the unemployment rate and the level of real GDP.
D) the relationship between the growth rate and the inflation rate.
E) the relationship between the rate of unemployment and the growth rate.
Correct Answer:
Verified
Correct Answer:
Verified
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