Phillips curve shows
Answers
Answered by
0
Answer:
☝️☝️☝️☝️☝️☝️☝️☝️
ADVERTISEMENTS: The Phillips curvegiven by A.W. Phillips shows that there exist an inverse relationship between the rate of unemployment and the rate of increase in nominal wages. A lower rate of unemployment is associated with higher wage rate or inflation, and vice versa.
I hope it helps you
please mark me at brainlist ❤️❤️❤️❤️❤️
UNNATI ✌️✌️✌️✌️✌️✌️
FOLLOW ME ❤️❤️❤️❤️
Attachments:
Similar questions