Phillips curve

English

Named after William Phillips.

Phillips curve (plural Phillips curves)

(economics) A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.

单词	Phillips curve
释义	Phillips curve English Etymology Named after William Phillips. Noun Phillips curve (plural Phillips curves) (economics) A single-equation empirical model describing a historical inverse relationship between rates of unemployment and corresponding rates of inflation that result within an economy.
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