-Refer to the above information to answer this question.What would be the name of the curve illustrating the relationship between these two rates?
A)The Phillips Curve.
B)The aggregate supply curve.
C)The Laffer Curve.
D)The production possibilities curve.
E)The wage rate-inflation curve.

Question

-Refer to the above information to answer this question.What would be the name of the curve illustrating the relationship between these two rates?
A)The Phillips Curve. 
B)The aggregate supply curve. 
C)The Laffer Curve. 
D)The production possibilities curve. 
E)The wage rate-inflation curve.

Quizplus · Accepted Answer

The Phillips Curve illustrates the relationship between inflation and unemployment rates, showing the trade-off between the two.

-Refer to the Above Information to Answer This Question