![Mankiw's Tenth Principle: Society Faces A Short-Run Trade-off Between Inflation and Unemployment - emptywheel Mankiw's Tenth Principle: Society Faces A Short-Run Trade-off Between Inflation and Unemployment - emptywheel](https://www.emptywheel.net/wp-content/uploads/2015/08/Phillips-Curve-Chart-3.png)
Mankiw's Tenth Principle: Society Faces A Short-Run Trade-off Between Inflation and Unemployment - emptywheel
![Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com](https://study.com/cimages/multimages/16/philips_curve_15247847595172675864.jpg)
Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com
![Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run a Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run a](https://homework.study.com/cimages/multimages/16/phillips_curve1292317112128074493.jpg)
Assume that the economy is at the point where the short-run Phillips curve intersects the long-run Phillips curve, and that the Fed decides to lower unemployment. Graphically trace out the short-run a
![Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com](https://study.com/cimages/videopreview/phillip-short_102102.jpg)
Phillips Curve in the Short Run | Uses, Importance & Examples - Video & Lesson Transcript | Study.com
![US – The short-term unemployment rate has returned to its pre-recession average, so what ? | Job Market Monitor US – The short-term unemployment rate has returned to its pre-recession average, so what ? | Job Market Monitor](https://jobmarketmonitor.files.wordpress.com/2014/07/capture-d_c3a9cran-2014-07-23-c3a0-09-21-09.png?w=750)
US – The short-term unemployment rate has returned to its pre-recession average, so what ? | Job Market Monitor
![Long-run versus Short-run Unemployment: Long-run: The natural rate of unemployment Short-run: The cyclical rate of unemployment Natural Rate. - ppt download Long-run versus Short-run Unemployment: Long-run: The natural rate of unemployment Short-run: The cyclical rate of unemployment Natural Rate. - ppt download](http://images.slideplayer.com/35/10437308/slides/slide_2.jpg)
Long-run versus Short-run Unemployment: Long-run: The natural rate of unemployment Short-run: The cyclical rate of unemployment Natural Rate. - ppt download
![Draw the short-run trade-off between inflation and unemployment. How might the Fed move the economy from one point on this curve to another? | Homework.Study.com Draw the short-run trade-off between inflation and unemployment. How might the Fed move the economy from one point on this curve to another? | Homework.Study.com](https://homework.study.com/cimages/multimages/16/cms5063731920659436313.png)