The origin of the idea of a trade-off between inflation and unemployment was a 1958 article by
A)A)W. Phillips.
B)Edmund Phelps.
C)Milton Friedman.
D)Robert Gordon.

Question

Quizplus · Accepted Answer

The idea of a trade-off between inflation and unemployment was first proposed by A.W. Phillips in his 1958 article, "The Relationship between Unemployment and the Rate of Change of Money Wages in the United Kingdom, 1861-1957."

The Origin of the Idea of a Trade-Off Between Inflation