Phillips Curves and Expectations
Chapter 35 - The Short-Run Trade-off between Inflation and Unemployment Phillips curve - shows the short-run trade-off between inflation and unemployment.
Copyright 2008 The McGraw-Hill Companies 15-1 From Short- Run to Long- Run Extended AD- AS Model The Inflation- Unemployment Relationship Phillips Curve.
Chapter 13 Unemployment and Inflation. Trade off between inflation and unemployment (Phillips Curve) It is graph showing a trade off between unemployment.