The Short-Run Relationship Between Inflation And Unemployment Is Often Called - Web result we refer to a period when inflation and unemployment are inversely related as a phillips phase. Web result inflation and unemployment have historically maintained an inverse relationship,. Bill phillips, a new zealand born economist, wrote a.
Bill phillips, a new zealand born economist, wrote a. Web result we refer to a period when inflation and unemployment are inversely related as a phillips phase. Web result inflation and unemployment have historically maintained an inverse relationship,.