There is a
A)short-run tradeoff between inflation and unemployment.
B)short-run tradeoff between an increase in the money supply and inflation.
C)long-run tradeoff between inflation and unemployment.
D)long-run tradeoff between an increase in the money supply and inflation.

Question

Quizplus · Accepted Answer

In the short run, there is a tradeoff between inflation and unemployment, often represented by the Phillips Curve, where lower unemployment can lead to higher inflation and vice versa.

There Is a