Changing Inflation Expectations Eliminated the Original Phillips Curve Tradeoff Between

question 19

True/False

Changing inflation expectations eliminated the original Phillips Curve tradeoff between inflation and unemployment.

Understand the arguments for and against income inequality and the impact of government programs on income distribution.

Identify the effects of occupational segregation and discrimination on wages and the allocation of resources.

Explain the measures of income inequality, including the Gini ratio and the Lorenz curve.

Explore the factors contributing to growing income inequality in the United States.