The Phillips Curve Reflects a

question 166

Multiple Choice

The Phillips curve reflects a

• A)positive correlation between the inflation rate and the unemployment rate.
• B)negative correlation between the inflation rate and the unemployment rate.
• C)positive correlation between the inflation rate and the exchange rate.
• D)negative correlation between the inflation rate and government spending.
• E)positive correlation between interest rates and the unemployment rate.

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A specialized segment of the market for a particular kind of product or service.

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