Phillips curve theory
Phillips curve theory
Glossary of money, banking and financial markets
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Economics
Definition of phillips curve theory
Phillips curve theory: A theory suggesting that changes in inflation are influenced by the state of the economy relative to its production capacity, as well as to other factors.
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Glossary of money, banking and financial markets
Economics money banking and financial market glossary index of terms
Definition and meaning of phillips curve theory
Meaning of phillips curve theory
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