Lecture 9: The Phillips Curve and Inflation
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Загружено: 2024-06-27
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MIT 14.02 Principles of Macroeconomics, Spring 2023
Instructor: Ricardo J. Caballero
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Prof. Caballero introduces the Phillps Curve, which states that inflation and unemployment have an inverse relationship. Higher inflation is associated with lower unemployment and vice versa.
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