Solved

It Is a Logical Extension of the Phillips Curve Relationship

Question 3

Multiple Choice

It is a logical extension of the Phillips curve relationship between inflation and the difference between actual and potential GDP that


A) the inflation rate and the unemployment rate should be positively correlated.
B) the inflation rate and the natural rate of unemployment should be positively correlated.
C) the inflation rate and the unemployment rate should be negatively correlated.
D) the inflation rate and the natural rate of unemployment should be negatively correlated.
E) none of the above.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents