Mathematics, 25.04.2021 09:10 anher
A. Economic theory describes the relationship between inflation and unemployment as:
O positive.
O negative.
O independent
b. Using real-world data, this theory:
O is never found to be true.
holds only for certain time periods.
holds for all time periods.
c. True or false: Economists unanimously agree with the Phillips curve representation of unemployment and inflation in the
real world.
False
True
Answers: 1
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You know the right answer?
A. Economic theory describes the relationship between inflation and unemployment as:
O positive.
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