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To show the inverse relationship between the percentage of unemployment and.Percent rate of inflation. Description by using the curve, curve, Phillip Phillip pakoet up with Economist Phillip AW for the first person.Notice the inverse relationship between two variables in a study of inflation and unemployment, of England.Between 1861 and 1957 of your study showed clearly that, for the United Kingdom during this time.The decrease in unemployment, inflation, rising curve of potmamuti as shown below.The theory used to describe the inflation rate, in General, there are two theories. The first theory is the demand-pull price increases, says the demand for goods and services is greater than the supply of them two. Growing theory, said the company generated inflation, will increase their prices to cover the higher prices, supply and maintain a profit.To evaluate the total picture of the economy of each country, inflation and unemployment are the two main elements. By using a database of numbers that came from the Office of national statistics. However, the relationship between inflation and unemployment is topic of economists has argued for a long time. " The article is famous and recognized in 1958, is the theory curve of economist A.W. Phillips Phillip, which represent the opposite relationship between rate of increase of wages and unemployment. In the United Kingdom between 1861 and 1957
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