Question

1. According to which of the economist
inflation is full employment phenomenon?
(1 Point)
O a. Hawtrey
O b. Crowther
O c. J.M.Keynes
O d. Phillips​

Answer 1

Answer: This may help you

Explanation:

1. According to which of the economist

inflation is full employment phenomenon?

=> O d. Phillips

The Phillips curve

That is, as unemployment rates fell and the economy approached full employment, the inflation rate would rise. But this theory also says that there is no single unemployment number that one can point to as the "full employment" rate. ... He called it the "natural" rate of unemployment.

Answer 2

Answer:

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Explanation:

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