Phillips curve
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noun
economics a curve that purports to plot the relationship between unemployment and inflation on the theory that as inflation falls unemployment rises and vice versa
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Word Origin for Phillips curve
C20: named after A. W. H. Phillips (1914–75), New Zealand economist who formulated the theory
Words nearby Phillips curve
Philistines, Phillip, Phillips, Phillipsburg, Phillips catheter, Phillips curve, Phillips head, phillipsite, Phillips screw, phillumenist, Philly
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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