A.H. Phillips developed the Phillips curve concept by looking at ...

[stevenposner]

A.H. Phillips developed the Phillips curve concept by looking at the relationship between:
 a. inflation and unemployment.
 b. wages and employment.
 c. wage inflation and monetary policy.
  d. inflation and output.

Question 2

Which of the following is likely to be a benefit of foreign investment in a developing country?
 a. Domestic firms are subjected to foreign competition
  b. Labor-intensive industries grow quickly
  c. New technology is adapted
  d. The natural rate of unemployment falls to zero
  e. The rate of inflation declines

[dreamfighter72]

Answer to Question 1

a

Answer to Question 2

c

[stevenposner]

Thanks for the timely response, appreciate it

[gcook]

TYSM