Which one of the following statements isWhich one of the following statements is correct? According to the Phillips curve, the negative slope indicates that ... Select one: A. high unemployment leads to decreasing inflation, and low unemployment leads to increasing inflation. B. low unemployment leads to decreasing employment, and high unemployment leads to increasing employment. C. high unemployment leads to increasing inflation, and low unemployment leads to decreasing inflation. D. high unemployment leads to decreasing expected inflation, and low unemployment leads to increasing expected inflation. correct? According to the Phillips curve, the negative slope indicates that ... Select one: A. high unemployment leads to decreasing inflation, and low unemployment leads to increasing inflation. B. low unemployment leads to decreasing employment, and high unemployment leads to increasing employment. C. high unemployment leads to increasing inflation, and low unemployment leads to decreasing inflation. D. high unemployment leads to decreasing expected inflation, and low unemployment leads to increasing expected inflation