The Phillips Curve Is

question 12

Multiple Choice

The Phillips curve is:

• A) a negative association between the inflation rate and the unemployment rate
• B) a negative association between the interest rate and the unemployment rate
• C) a positive association between the inflation rate and the unemployment rate
• D) a positive association between the growth rate and the unemployment rate

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Definitions:

Charge

In physics, charge refers to a property of matter that causes it to experience a force when near other electrically charged matter; there are two types, positive and negative, which attract each other.

Solvent

Liquid that holds another substance in solution.

Anion

Ion carrying a negative charge.

Positively Charged

Having more protons than electrons, resulting in a net positive electric charge.