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The Phillips Curve Shows

Question 116

Multiple Choice

The Phillips curve shows


A) A historical (inverse) relationship between the rate of unemployment and the rate of inflation.
B) A historical (direct) relationship between the rate of unemployment and the rate of inflation.
C) A historical (inverse) relationship between the rate of unemployment and the rate of growth of real GDP.
D) A historical (direct) relationship between the rate of unemployment and the rate of growth of real GDP.

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