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Texas Gateway: Chapter 11: The Phillips Curve

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By the end of this section, you will be able to do the following: Explain the Phillips curve, noting its impact on the theories of Keynesian economics; graph a Phillips curve; Identify factors that cause the instability of the Phillips curve; and analyze the Keynesian policy for reducing unemployment and inflation.

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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional|practice