Which of the Following About the Phillips Curve Is NOT

question 53

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.

---

Definitions:

Elevation

A feeling of uplifting joy, pride, or satisfaction that arises when witnessing acts of virtue or moral beauty.

Convergence

In psychology, it refers to the inward movement of both eyes toward each other, usually in an effort to maintain a single binocular vision when viewing an object.

Retinal Disparity

The slight difference in the visual images that the two eyes perceive because of the different angles in which each eye views the world, contributing to depth perception.

Being Cross-eyed

A condition where the eyes do not align properly, leading one or both eyes to look inward.