Economics (AS & A Level) · Oct / Nov 2022 · Paper 31 · Question 28
9708Links between macroeconomic problems and their interrelatedness
An economy adopts an expansionary monetary policy to boost employment. A result of this policy is that the consumer price index rises at an accelerating rate. Which curve could represent this?
- AKuznets curve
- BLaffer curve
- CLorenz curve
- DPhillips curve
As printed in the paper
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Correct answer: D. Phillips curve
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