According to the simple Phillips curve, when unemployment is _____, then inflation is:
A) high; high.
B) high; low.
C) low; low.
D) low; unpredictable.

Name: According to the simple Phillips curve, when unemployment is _____, then inflation is: A) high; high. B) high; low. C) low; low. D) low; unpredictable.
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Quizplus · Accepted Answer

According to the simple Phillips curve, there is an inverse relationship between unemployment and inflation. This means when unemployment is high, inflation tends to be low.

According to the Simple Phillips Curve, When Unemployment Is _____