The Phillips curve shows the trade-off between _____ and _____? – McqOptions

MCQOPTIONS

1.	The Phillips curve shows the trade-off between _____ and _____?
A.	the inflation rate, interest rates
B.	the inflation rate, the unemployment rate
C.	interest rates, output
D.	output, employment
Answer» C. interest rates, output

Discussion

No Comment Found

Related MCQs

The classical view of the labor market is basically consistent with the assumption of _________ aggregate supply curve?
Possible causes of involuntary unemployment are ?
The abolition of income tax would probably ______ the number of workers in employment and _______ the equilibrium rate of unemployment?
Policies to reduce unemployment by reducing union power, tax cuts, reductions in unemployment benefit and investment subsidies are examples of ?
In the classical model, potential output cannot be increased by ?
The equilibrium rate of unemployment at any real wage, is the difference between ______ and ______?
The Short run Phillips curve can shift in response to changes in ?
A person who is made redundant because of the contraction of an industry is a victim of ?
The quantity theory of money says that changes in ____lead to equivalent changes in ____ but have no effect on ______?
The Phillips curve shows the trade-off between _____ and _____?