The Phillips curve is defined as one of the economic concepts developed by (Alban William Housego Phillips), which explains the relationship between unemployment and inflation as inverse and stable, and the theory…
Tag: inflation
Inflation, stocks, gas and oil news: the latest updates
Americans’ income and spending failed to keep pace with price hikes in May, the latest sign that the fastest rate of inflation in a generation is cutting off the mainstay of the economic recovery.
How to revive the economy by pressing it!
Several countries are raising interest rates to combat inflation, noting that this takes money out of economies and could lead to massive unemployment, and