Comparing the AS-AD Model and the Phillips Curve, We See

Multiple Choice

Comparing the AS-AD model and the Phillips curve, we see that

A) they both are graphed as a relationship between the rate of inflation and the unemployment rate.
B) the Phillips curve is graphed as a relationship between the price level and the unemployment rate.
C) the AS-AD model is graphed as a relationship between the inflation rate and the rate of real GDP.
D) the AS-AD model uses the price level and the Phillips curve uses the rate of inflation.
E) the AS-AD model uses the price level and the Phillips curve uses real GDP.