Use the figure below to answer the following questions. Figure 1A.2.5
-Which curve or curves in Figure 1A.2.5 shows a negative relationship between unemployment and inflation?
A)A
B)A and B
C)B,C,and D
D)A and D
E)B and C

Question

Use the figure below to answer the following questions.  Figure 1A.2.5
-Which curve or curves in Figure 1A.2.5 shows a negative relationship between unemployment and inflation?
A)A 
B)A and B 
C)B,C,and D 
D)A and D 
E)B and C

Quizplus · Accepted Answer

Curves B, C, and D show a negative relationship between unemployment and inflation, indicating that as unemployment decreases, inflation increases, or vice versa, which is consistent with the Phillips Curve concept.

Use the Figure Below to Answer the Following Questions