thanks a lot
Why might inflation accelerate as the employment rate declines? Help me with my econ class?
Do you mean as the unemployment rate declines?
There is a short-term trade off, known as the Phillips Curve, between the inflation rate and the unemployment rate. This, like I said, is a short-run effect only and only occurs when the shock to the economy is from the demand side. When there%26#039;s a supply-side shock like a rise in the price of oil, you will see there%26#039;s no trade off: both unemployment and inflation may rise.
On MyEssays.com you can buy an essay that I wrote about this subject in 2002.
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