-Which of the Following Statements Best Describes the Relationship Portrayed

question 16

Multiple Choice

-Which of the following statements best describes the relationship portrayed by this curve?

• A)The demand for labour is high when the inflation rate is low.
• B)The inflation rate is high when the unemployment rate is high.
• C)The rate of increase in the price level and the unemployment rate are inversely related.
• D)The rate of increase in the price level and the unemployment rate are directly related.
• E)The demand for labour is low when the unemployment rate is low.

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