The Phillips curve tradeoff worsened in the 1970s because of

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The oil shocks of the 1970s caused a significant increase in inflation and a decrease in real GDP, which made it difficult to achieve a tradeoff between inflation and unemployment. As a result, the Phillips curve tradeoff worsened during this time period. Aggressive unions, environmental concerns, and the Watergate scandal may have had some impact on the economy, but they were not the main cause of the breakdown in the Phillips curve relationship.

The Phillips Curve Tradeoff Worsened in the 1970s Because of