The relationship between inflation and unemployment shown along a Phillips curve is a(n):
A)direct relationship.
B)quadratic relationship.
C)exponential relationship.
D)inverse relationship.
E)parabolic relationship.

Question

Quizplus · Accepted Answer

The Phillips curve illustrates an inverse relationship between inflation and unemployment, suggesting that as inflation increases, unemployment tends to decrease, and vice versa.

The Relationship Between Inflation and Unemployment Shown Along a Phillips