Which of the Following About the Phillips Curve Is Not

question 1

Multiple Choice

Which of the following about the Phillips curve is not correct?

• A)It shows the relation between GDP growth and unemployment.
• B)It has been redefined as a relation between the change in the rate of inflation and the unemployment rate.
• C)It was first explored by A. W. Phillips.
• D)The curve is downward sloping.

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