Examlex
Barry walks up to his 9-month-old son and says (very slowly and with major fluctuations in his voice's pitch and loudness) , "Ohhhhhhhhh, are you Daddy's little baaaaaaaby?" What is Barry exhibiting?
Phillips Curve
A curve showing possible combinations of the inflation rate and the unemployment rate.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing to invest in one option over another.
Reducing Unemployment
The act of implementing policies or actions by governments or businesses to decrease the number of unemployed individuals in the economy.
Phillips Curve
An economic theory suggesting an inverse relationship between the rate of inflation and the rate of unemployment in an economy.
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