To see details on the word
Phillips curve
please enable javascript.

Phillips curve

  economics:  a graphing of an inverse relationship between the rates of unemployment and inflation which was found to exist in some (but not all) time periods
 Mark word for later review on this computer
The Phillips curve started as an empirical observation. Although the first simple explanation was inadequate, economists continue to work on variations of the theory. See an interesting article in Wikipedia for details.
Web Links:
(try right-click if popups are disabled)
Dictionary -®
Dictionary/Synonyms - Google®
Dictionary List - OneLook®
Wikipedia Article
Google Images
Search for samples from other sources:
(try right-click if popups are disabled)
Interest -- Source
General -- Google News®
General -- Time® Magazine
General -- Twitter®
Associated words [difficulty]:   Phillips curve , supply and demand [7] , demand curve [9]
     If popups are enabled: Search in OneLook®   If Flash® is also enabled: Search in Visuwords®
Most commonly used in these subjects:   Business
Home . . . enhancing vocabulary while reading