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ZZT231
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I Supported Toymods

Location:
melbourne.vic.au
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May 2002
icon4.gif  HELP! Macroeconomics - Philllips Curve! Wed, 27 April 2005 15:19 Go to next message
Hey All,

I don't understand how the Phillips Curve work... Does anyone have a firm understanding how it works?

OK, I have searched the Web but I want it simple... Not the whole equation and statatistical information...

Cheers.
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thu187
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Sydney
Registered:
September 2004
Re: HELP! Macroeconomics - Philllips Curve! Wed, 27 April 2005 18:56 Go to previous messageGo to next message
What DO you get?
Post that up and I'll try and help.
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Tats
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I Supported Toymods

Location:
Wollongong, NSW
Registered:
December 2003
Re: HELP! Macroeconomics - Philllips Curve! Thu, 28 April 2005 02:16 Go to previous message
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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