INFLATION AND UNEMPLOYMENT INFLATION 1. Historical experience of inflation 2. Causes of inflation 3. Costs of inflation: why is inflation a problem? 4.
Chapter 16 Phillips Curve
AP Economics Mr. Bernstein Macro Graphs Review April 2015.
Chapter The Short-Run Trade-off between Inflation and Unemployment 22.
The Phillips Curve The Relationship Between Inflation and Unemployment An inverse relationship between inflation and unemployment until the 1970s 1970s.
Wither the Phillips Curve?