The short-run and long-run relationship between unemployment and inflation

• Evaluate the historical relationship between unemployment and inflation. (hint: You may start from A.W. Phillips’s finding of the relationship between unemployment and inflation.)

• Distinguish between the short-run and the long-run in a macroeconomic analysis. Why is the relationship between unemployment and inflation different in the short-run and the long-run?

The Short-Run and Long-Run Relationship Between Unemployment and Inflation Final Paper

• Must be eight to 10 double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center APA Style resource (Links to an external site.).

• • Instructor’s name

  • Date submitted

• Must use at least five scholarly, peer-reviewed, and other credible sources in addition to the course text.

  • The Scholarly, Peer-Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.