Home » Learning Zone » Economics » Unemployment and Inflation: Phillips curve - Question Bank

Unemployment and Inflation: Phillips curve - Question Bank

Question Bank ''Unemployment and Inflation: Phillips curve'' with interactive revision questions on a variety of economics topics.

Question Bank - Economics

Unemployment and Inflation: Phillips curve

Q1. The Phillips curve shows that the rate of inflation and the rate of unemployment are

(Select one answer)

(a) * negatively related
(b) * linearly related
(c) * positively related
(d) * independent of each other

Source: McGraw Hill logo

Q2. If inflationary expectations increase, the Phillips curve will

(Select one answer)

(a) * shift to the right.
(b) * shift to the left.
(c) * become vertical.
(d) * become upward sloping.

Source: Pearson logo

Click to view your total score for all the above questions that you have attempted.

Contents | Previous | Next