1 Std. 15 Min.

Multiplier, Philips Curve Principles of Macroeconomics 2014

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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.

  • Copyright The Regents of the University of California, Davis campus, 2014. All Rights Reserved.

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.

1 Std. 15 Min.

  • Copyright The Regents of the University of California, Davis campus, 2014. All Rights Reserved.

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