Taken Together, the Phillips Curve and Okun's Law Imply There

question 87

Multiple Choice

Taken together, the Phillips curve and Okun's law imply there is a short-term ________ relationship between ________ and inflation.

• A) positive; interest rates
• B) positive; unemployment
• C) negative; interest rates
• D) negative; unemployment
• E) Not enough information is given.

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