LONG RUN PHILLIPS CURVE | MACROECONOMICS | LEARN OIKONOMIA

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Published on ● Video Link: https://www.youtube.com/watch?v=NYypecRxmgw


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This video discusses LONG RUN PHILLIPS CURVE
Long Run Philips curve illustrates that there is no relationship between the unemployment rate and inflation in the long-run; the LRPC is vertical at the natural rate of unemployment.
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PHILLIPS CURVE: https://www.youtube.com/watch?v=BHBxrMlKSVg&t=352s



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