The view of the Phillips curve that prevailed in the 1960s implied that policies that ?

Aggregate Supply, Unemployment And Inflation 22/11/2023

A. lower unemployment rate will tend to lower the inflation rate
B. lower unemployment rate will tend to raise the inflation rate
C. raise inflation rate will tend to raise the unemployment rate
D. lower inflation rate will tend to raise the unemployment rate

Related Mcqs:

    The Phillips curve is a graph showing the relationship between ?
    A. the price level and the unemployment rate B. the inflation rate and the unemployment rate C. the level of aggregate output and the price level D. the inflation rate and the level of aggregate demand...
    The costs of inflation are ?
    A. shoe leather costs B. menu costs C. income redistribution D. uncertainly E. all of the above...
    The Phillips curve indicates that there is a ?
    A. negative relationship between the inflation rate and labor demand B. positive relationship between labor supply and the inflation rate C. positive relationship between the inflation rate and the employment the D. negative relationship between the inflation rate and the unemployment rate...
    If input price prices adjusted very rapidly to output prices as classical economists argue the Philips curve would be ?
    A. Vertical or nearly vertical B. upward sloping C. downward sloping D. horizontal or nearly horizontal...
    During Periods of rising inflation and rising interest rates we expect the demand for real cash to ?
    A. rise B. fall C. not changes D. fluctuates...

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