AWPhillips's Discovery of a Particular Relationship Between Unemployment and Inflation

question 47

Multiple Choice

A.W.Phillips's discovery of a particular relationship between unemployment and inflation for the United Kingdom

• A)could not be extended to other countries,despite many researchers' attempts to provide that extension.
• B)was quickly extended to other countries by researchers.
• C)was extended to only one other country - the United States.
• D)was harshly criticized by the American economists Paul Samuelson and Robert Solow on the grounds that Phillips's study was fundamentally flawed.