Ch 9: Inflation and Unemployment: Homework Help

About This Chapter

The Inflation and Unemployment chapter of this College-Level Principles of Macroeconomics Homework Help course helps students complete their inflation and unemployment homework and earn better grades. This homework help resource uses simple and fun videos that are about five minutes long.

How it works:

  • Identify which concepts are covered on your inflation and unemployment homework.
  • Find videos on those topics within this chapter.
  • Watch fun videos, pausing and reviewing as needed.
  • Complete sample questions and get instant feedback.
  • Finish your inflation and unemployment homework with ease!

Topics from your homework you'll be able to complete:

  • Relationship between inflation and unemployment in the Phillips curve model
  • Factors that shift the Phillips curve
  • Short-term behavior of the Phillips curve
  • Long-term behavior of the Phillips curve

7 Lessons in Chapter 9: Inflation and Unemployment: Homework Help
Test your knowledge with a 30-question chapter practice test
The Phillips Curve Model: Inflation and Unemployment

1. The Phillips Curve Model: Inflation and Unemployment

Can we have low unemployment and low inflation at the same time? Some economists think the answer is no. In this lesson, we'll explore the relationship between inflation and unemployment in the short run, what economists call the Phillips Curve.

Factors That Shift the Phillips Curve

2. Factors That Shift the Phillips Curve

Inflation and unemployment are inversely related. In this lesson, discover the factors that lead to a shift in the Phillips Curve by looking at a fictitious economy as an example.

The Phillips Curve in the Short Run: Economic Behavior

3. The Phillips Curve in the Short Run: Economic Behavior

Economists have ways to describe the changes in the economy. In this lesson, discover the short-term relationship between inflation and unemployment - what economists refer to as the Phillips Curve.

The Phillips Curve in the Long Run: Inflation Rate

4. The Phillips Curve in the Long Run: Inflation Rate

How do unemployment and inflation affect each other? In this lesson, you'll discover why the Phillips curve is vertical in the long run with the help of some real world examples.

Standard of Living: Definition & Measurement

5. Standard of Living: Definition & Measurement

You've probably heard about the concept of standard of living and how it varies between different countries. In this lesson, you'll learn about what standard of living is and how it can be measured.

Transfer Payment: Definition & Examples

6. Transfer Payment: Definition & Examples

Governments make a substantial number of transfer payments every year. In this lesson, you'll learn about transfer payments, and you'll be given some examples.

Quality of Income Ratio: Definition, Formula & Analysis

7. Quality of Income Ratio: Definition, Formula & Analysis

In this lesson, we'll discuss the quality of income ratio. We'll explain the equation and calculate the quality of income for several companies. We'll end with a brief analysis on why certain companies may have high-quality or low-quality income.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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