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AP Macroeconomics
Unit 5 – Long–Run Consequences of Stabilization Policies
Topic 5.2
In the long run, is there a trade-off between inflation and unemployment?
It depends on the level of economic growth
Yes, there is a trade-off between inflation and unemployment in the long run
No, there is no trade-off between inflation and unemployment in the long run
It depends on the level of government intervention
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AP Macroeconomics - 5.2 The Phillips Curve
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Inflation
Trade-off
Unemployment
Long run
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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