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1.Explain the Philips curve relation between inflation and unemployment 2. Identify what type of unemployment will result from the following scenarios a.The clothing store George

1.Explain the Philips curve relation between inflation and unemployment

2.Identify what type of unemployment will result from the following scenarios

a.The clothing store George used to work for was shut down as the clothing brand is now selling all its collection through its online website:

b.The business Hank was working for had to shut down as there has been a decrease in overall demand in the economy:

c.Jane has completed college and quit her job at Tim Horton so she can work full-time in her marketing field:

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