Business, Management and Accounting
3 years ago

Equilibrium found: Unemployment and inflation linked in Malaysia.

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The relationship between inflation and unemployment rate in Malaysia (Analysis of Phillips Curve in Malaysia) / Mohammad Shazwan Roselim
Mohammad Shazwan Roselim

Paper Summary

The study looked at how unemployment and inflation are related in Malaysia. They found that there is a balance between the two - when one goes up, the other goes down. This supports the idea of the Phillips Curve, which shows a trade-off between unemployment and inflation.

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