What kind of relationship appears to actually exist, if one examines the actual data regarding the inflation rate and the unemployment rate for all years since 1953?
A) a direct relationship
B) a one-to-one relationship
C) an inverse relationship
D) no relationship in the long run

Question

Quizplus · Accepted Answer

The relationship between inflation and unemployment rates, when examined over a long period since 1953, does not consistently show a direct, one-to-one, or inverse relationship. Instead, the data suggest that there is no stable relationship in the long run, as economic conditions, policies, and external factors can vary widely over time.

What Kind of Relationship Appears to Actually Exist, If One