AP Macro Phillips Curve, Monetary Policy. The Phillips Curve (hypothetical example) tt% u% PC 4% 2% 7%5%....... Note: Inflation Expectations are held.
Phillips and Laffer Curves
Unemployment and Inflation Relationship The Philips Curve.
Unemployment Rate (Percent) Annual Rate of Inflation (Percent) Unemployment Rate (Percent) Demonstrates the short-run tradeoff between inflation and unemployment.
Unemployment Rate (Percent)
