A Phillips Curve Implies

question 111

Multiple Choice

A Phillips curve implies

• A) a negative relationship between consumption and saving.
• B) a positive relationship between inflation and prices.
• C) a negative relationship between inflation and unemployment.
• D) a positive relationship between consumption expenditure and inflation.

---

Definitions:

Social Media

Online platforms and technologies that enable users to create, share content, and participate in social networking.

Professional Picture

A high-quality photograph taken in a professional setting, used to present an individual's professional image, often for business, networking, or social media.

Cell Phone

A portable electronic device that combines mobile communication and computing functions.

Discrimination

The unfair or prejudicial treatment of different categories of people, often based on race, age, or sex.