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Click on any of the term papers to read a brief synopsis of the research paper. The essay synopsis includes the number of pages and sources cited in the paper.
2 pages in length. The short run Phillips Curve established a union between unemployment and inflation that was based upon findings made by Professor A.W. Phillips. This data, which was acquired through the fluctuation of wage levels and unemployment as they existed between the years of 1861 and 1957, demonstrated evidence of a trade-off between unemployment and inflation, so that any attempts by governments to reduce unemployment was likely to lead to increased inflation. The writer discusses the Phillips Curve as it relates to unemployment and inflation. Bibliography lists 2 sources.
This 4-page paper focuses on defining unemployment and inflation and comparing how the two impact one another. Bibliography lists one source.
This 5 page report discusses the relationship between unemployment and inflation. From a macroeconomic perspective, it is important to note that in the major industrial countries, low unemployment usually creates inflationary pressures. However, throughout the past few years of economic expansion in the United States, prices have held steady despite low unemployment. Bibliography lists 5 sources.
This paper focuses on low unemployment, low inflation, rapid and sustainable economic growth and the avoidance of current account balance of payment deficits. Considers these in the context of aggregate demand. Graph is included.
A paper which looks at the tradeoff between unemployment and inflation in the light of the rational expectations theory, with specific reference to the Bank of England's fiscal policies. Bibliography lists 2 sources.