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AP Macroeconomics
Unit 5 – Long–Run Consequences of Stabilization Policies
Topic 5.2
What does the long-run Phillips curve (LRPC) represent?
The relationship between unemployment and inflation in the long-run, after the economy has had time to adjust to changes in inflation.
The relationship between interest rate and economic growth
The relationship between exchange rates and trade balances.
The relationship between government spending and inflation.
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AP Macroeconomics - 5.2 The Phillips Curve
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Long-run Phillips curve (LRPC)
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About Us
About Fiveable
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Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
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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