When inflation has been persistent,as was the case in the United States during the 1970s,low unemployment rates will likely be associated with

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During periods of persistent inflation, such as the 1970s in the United States, low unemployment rates are often associated with increases in the inflation rate. This is due to the Phillips Curve concept, where lower unemployment rates can lead to higher inflation, especially in an economy already experiencing inflationary pressures.

When Inflation Has Been Persistent,as Was the Case in the United