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Which of the following is false A. Deflation means that the rate of inflation is negative B. The original Phillips curve is the negative relations

Which of the following is false

A. Deflation means that the rate of inflation is negative

B. The original Phillips curve is the negative relations between inflation and unemployment first observed in the United Kingdom.

C. When inflation expectations are anchored, the Phillips curve relation is a relation between the change in the inflation rate and the unemployment rate.

D. For some periods of history, inflation has been persistent between adjacent periods. In other periods of history , this year's inflation has been a poor predictor of the next year's inflation.

E. All

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