The Invisible Hand
Aug 29, 2012 - 00:01:22
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The Phillips Curve
Bill Phillips' curve has historically been described as an inverse relationship between the rate of unemployment and the rate of wage (and therefore price) inflation - but since his analysis became popular the relationsh...
About This Episode
The Phillips Curve is an episode from 60-Second Adventures in Economics - for iPod/iPhone. Bill Phillips' curve has historically been described as an inverse relationship between the rate of unemployment and the rate of wage (and therefore...
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This episode belongs to 60-Second Adventures in Economics - for iPod/iPhone.
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Published Aug 29, 2012, 00:01:22 long, audio available.
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