Lower inflation rates are usually correlated with lower unemployment rates.

Name: Lower inflation rates are usually correlated with lower unemployment rates.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Lower inflation rates are not usually correlated with lower unemployment rates; this relationship is more accurately described by the Phillips Curve, which suggests an inverse relationship between inflation and unemployment, meaning that lower inflation rates are often associated with higher unemployment rates.

Lower Inflation Rates Are Usually Correlated with Lower Unemployment Rates