The Short-Run Phillips Curve Portrays A(n)

question 140

Multiple Choice

The short-run Phillips curve portrays a(n) :

• A)direct relationship between total employment and the inflation rate.
• B)inverse relationship between inflation and total employment.
• C)direct relationship between the unemployment rate and the inflation rate.
• D)inverse relationship between the unemployment rate and the inflation rate.
• E)inverse relationship between the price level and the unemployment rate.

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