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There is an inverse relationship between inflation and unemployment according to the Phillips curve. Concerns that arise when enacting mismatched policies can be different policies
There is an inverse relationship between inflation and unemployment according to the Phillips curve. Concerns that arise when enacting mismatched policies can be different policies will focus on the extremes of both sides of the curve leaving the other one in disarray. For example a Keynesian perspective would focus on trying to minimize inflation at all times leaving unemployment unattended to
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