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    Macroeconomics Study Set 17
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    Exam 17: Inflation, Unemployment, and Federal Reserve Policy
  5. Question
    In the Decade of the ________,A
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In the Decade of the ________,A

Question 46

Question 46

Multiple Choice

In the decade of the ________,A.W.Phillips plotted data for Great Britain which revealed a relationship between rates of changes in wages versus unemployment rates.Economists later discovered other "Phillips Curve" relationships between rates of inflation versus unemployment rates.


A) 1930s
B) 1940s
C) 1950s
D) 1960s

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