The Curve That Shows the Relationship Between Inflation and Unemployment

question 37

Multiple Choice

The curve that shows the relationship between inflation and unemployment when the economy is
At full employment is the

• A)aggregate demand curve.
• B)short-run Phillips curve.
• C)long-run Okun's curve.
• D)long-run Phillips curve.
• E)aggregate supply curve.

---

Definitions:

Area

A measure of the extent of a surface or shape, expressed in square units.

Z-score

An indicator that shows the number of standard deviations a particular value is away from the average.

Standard Normal Curve

A symmetric bell-shaped curve that represents the distribution of a standardized variable, with a mean of 0 and a standard deviation of 1.

Area

The extent or measurement of a surface; the size of a two-dimensional space.