The Tradeoff Between Inflation and Unemployment

question 28

Multiple Choice

The tradeoff between inflation and unemployment

• A)implies that policies designed to reduce unemployment also reduce inflation.
• B)was eliminated by improved economic policies in the 1900s.
• C)is a long-run tradeoff,persisting for decades,according to most economists.
• D)None of the above are correct.

---

Definitions:

People

Refers generally to human beings considered collectively, often in the context of social, cultural, or demographic studies.

Output

The data produced by a computer program or process to be provided to a user, system, or another program.

Int[]

An array type in programming that holds a collection of integers.