The phenomenon of increase in money wages that leads to increases in unemployment is shown by:

Name: The phenomenon of increase in money wages that leads to increases in unemployment is shown by:
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The Phillips curve illustrates the inverse relationship between the rate of inflation (which can be influenced by changes in money wages) and the rate of unemployment, suggesting that increasing money wages could lead to higher inflation and thus potentially increase unemployment.

The Phenomenon of Increase in Money Wages That Leads to Increases