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The curves used in the slip Phil shows the inverse relationship between percent rate of unemployment and.Percent of the inflation curve, Phil-pakoet up with economists at the first clip is Phil AW.Observe the inverse relationship between the two variables in a study of inflation and unemployment, of England.Between 1861 and 1957 year Phil Lim courtesy education showed clearly that for the United Kingdom at this time for a long time.Unemployment reduced the inflation rate rising curves, Phil-potmamuti listed below.The theory used to describe inflation generally have two theories. The first theory is the demand-pull price increase, said when the demand for goods and services is greater than the supply of them. Theory of higher inflation, said the company created to increase their prices to cover the higher prices to supply and maintain profit.Economic evaluation of the whole country inflation and unemployment are the two main elements that matter. By using the database from the Office of national statistics. However, the relationship between inflation and unemployment is a topic that economists have long controversy. An article that is known and accepted in the year 1958 is a theoretical economist A.W. Phillips, Phillip's curve shows the relationship between the rate of increase of wages and unemployment rate. In the United Kingdom between 1861 and 1957
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