Multiplier, Philips Curve

Multiplier, Philips Curve

Update: 2014-02-20
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We completed the discussion on the multiplier. We then introduced the Philips Curve and discussed why we might think there is a trade off between unemployment and inflation as well as whether or not we actually see such a trade off in the data.
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Multiplier, Philips Curve

Multiplier, Philips Curve

Ann Stevens