The figure below is a scatter plot of the intation rate and the unemployment rate for the US for each year between 1960
Posted: Thu May 19, 2022 7:29 am
- The Figure Below Is A Scatter Plot Of The Intation Rate And The Unemployment Rate For The Us For Each Year Between 1960 1 (16.57 KiB) Viewed 37 times
- The Figure Below Is A Scatter Plot Of The Intation Rate And The Unemployment Rate For The Us For Each Year Between 1960 2 (20.46 KiB) Viewed 37 times
Unemployment rate
A The Phillips curve is stable over the years B The Phillips curve shifted higher over the period с The Phillips curves (PC 1960s) and PC (early and late 1970s) clearly Illustrato an inverse relationship between inflation and unemployment D The Philips curve is exhibiting an unexpected trend because it is illustrating a positive relationship between inflation and unemployment E In the most recent period, the US economy has been able to lower its inflation rate with little effect on the unemployment rate