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I Supported Toymods
Location: Wollongong, NSW
Registered: December 2003
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Re: HELP! Macroeconomics - Philllips Curve!
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Thu, 28 April 2005 02:16
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The Phillips Curve is the inverse relationship between unemployment and inflation, the same as any inverse relationship (the most famous one being price + demand). What exactly don't you understand about it? Surely your textbook would be able to explain it better than we can on here....
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