The negative correlation between the vacancy rate and the unemployment rate is called
A) The Laffer curve.
B) The Phillips curve.
C) The Fisher relation.
D) The Beveridge curve.

Question

Quizplus · Accepted Answer

The negative correlation between the vacancy rate and the unemployment rate is referred to as the Beveridge curve. The Phillips curve relates inflation and unemployment, the Laffer curve illustrates the relationship between tax rates and government revenue, and the Fisher relation concerns the connection between nominal and real interest rates.

The Negative Correlation Between the Vacancy Rate and the Unemployment