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Test: AP Macroeconomics
1. | Which of the following is the best definition of the concept behind the Phillips Curve? |
The relationship between net exports and GDP
The relationship between government spending and the multiplier effect
The relationship between unemployment and inflation
The relationship between worker pay and productivity.
Julia
Certified Tutor
Certified Tutor
Utah State University, Bachelor in Arts, History. University of Utah, Masters in Education, Social Science Teacher Education.
Nicole
Certified Tutor
Certified Tutor
College of St Benedict, Bachelor in Arts, Economics. University of South Florida-Main Campus, Master of Arts, Economics.
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