題組內容
5. The Phillips curve
(2) Formally describe the modified Phillips curve proposed by Friedman and Phelps (1970). Explain how expectation might affect the Phillips curve according to the Friedman-Phelps theory. (10%)
5. The Phillips curve
(2) Formally describe the modified Phillips curve proposed by Friedman and Phelps (1970). Explain how expectation might affect the Phillips curve according to the Friedman-Phelps theory. (10%)