The Phillips curve is a graph showing the relationship between ?

A. the inflation rate and the level of aggregate demand

B. the price level and the unemployment rate

C. the inflation rate and the unemployment rate

D. the level of aggregate output and the price level

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.