904EconomicsMedium
The Phillips curve indicates that there is a?
Apositive relationship between the inflation rate and the employment the
Bpositive relationship between labor supply and the inflation rate
Cnegative relationship between the inflation rate and labor demand
Dnegative relationship between the inflation rate and the unemployment rate
Correct answer
D. negative relationship between the inflation rate and the unemployment rate
Explanation
The correct answer is negative relationship between the inflation rate and the unemployment rate.