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In: Economics

The Phillips __________ matches the data for the U.S. especially well during the _________ 's


The Phillips __________ matches the data for the U.S. especially well during the _________ 's

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Expert Solution

Ans) Curve, 1960's

The phillips curve matches the data for the US especially well during the 1960's

  • Phillips curve is the negative relation between inflation and unemployment.
  • The curve described very well for the data in 1960's

Rahul Sunny answered 2 years ago
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