in the phillips curve equation, which of the following will cause an increase in the current inflation rate? group of answer choices an increase in the expected inflation rate a reduction in the unemployment rate an increase in the markup, m all of these none of these

According to the Phillips curve equation, all certain situations will increase the current rate of inflation, except the situation where the rate of return decreases.

What occurs to the Phillips curve while inflation increases?

The Phillips curve states that inflation and unemployment have an inverse courting. Higher inflation is related to decrease unemployment and vice versa.

What does the Phillips curve indicate?

The Phillips curve illustrates that there's an inverse courting among unemployment and inflation withinside the quick run, however now no longer the lengthy run. The financial system is constantly running someplace at the quick-run Phillips curve (SRPC) due to the fact the SRPC represents distinctive mixtures of inflation and unemployment.

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