8. In the short run, there is a negative relationship between inflation and employment. A: True B. False

Business

1 answer:

makvit [3.9K]3 years ago

6 0

Answer: False

In the short-run, inflation and unemployment are inversely related; as one quantity increases, the other decreases. In the long-run, there is no trade-off. In the 1960's, economists believed that the short-run Phillips curve was stable.

Explanation:

https://courses.lumenlearning.com/boundless-economics/chapter/the-relationship-between-inflation-and-unemployment/

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8. In the short run, there is a negative relationship between inflation and employment. A: True B. False​

8. In the short run, there is a negative relationship between inflation and employment. A: True B. False