1. A. W. Phillips studied the trade off between

A) employment and inflation.
B) unemployment and inflation.
C) employment and price level.
D) unemployment and price level.
E) unemployment and money wage rates.

2. Other economists came along and now the Phillips Curve shows an inverse relationship between

A) employment and inflation.
B) unemployment and inflation.
C) employment and price level.
D) unemployment and price level.
E) unemployment and money wage rates.

3. In the video, the inverse relationship on the axes of the Phillips Curve has happened every

A) day.
B) week.
C) month.
D) year.
E) decade.