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Phillips Curve

The Phillips curve is an economic principle that describes the inverse relationship between unemployment and inflation. The Phillips curve suggests that as unemployment decreases, inflation tends to increase, and as unemployment increases, inflation tends to decrease. Continue Reading Below  

About Phillips Curve

The Phillips curve is an economic principle that describes the inverse relationship between unemployment and inflation. The Phillips curve suggests that as unemployment decreases, inflation tends to increase, and as unemployment increases, inflation tends to decrease.
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