Description
Please touch on the implications of the Philips curve . Also,how fiscal policy can be coupled with monetary policy to control inflation?
Discuss the alternative macroeconomic tools that can promote and sustain the employment rate in the long run.
-min 1 page, 3 sources - apa format
please answer questions separately
Explanation & Answer
Attached.
Philips Curve and Inflation – Outline
I.
Philips curve
A. Unemployment rates
B. Aggregate demand
II.
Macroeconomic tools
A. Flexible labor markets
B. Incentives
C. Technology policy
Running head: PHILIPS CURVE AND INFLATION
Philips Curve and Inflation
Name
Institution
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PHILIPS CURVE AND INFLATION
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Philips Curve and Inflation
Please touch on the implications of the Philips curve. Also, how fiscal policy can be coupled
with monetary policy to control inflation?
Philips Curve is important in the understanding of the different variables such as
unemployment and inflation and the stability that the relationship brings to the economy. There
is an analysis of the growth of the economy and the occurrences that occur where there are high
unemployment and inflation rates. The change in unemployment rates in the economy levels to
increase in infla...