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The Phillips Curve - Inflation vs Unemployment

2,817 views

EnhanceTuition

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (US)

Speech Time:

99%
  • 9:05 / 9:09

Speech Rate:

  • 150 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

between

/bəˈtwēn/

adverb preposition

in space separating things. Among two or more people who share something.

downward

/ˈdounwərd/

adjective adverb

Moving from a higher to a lower condition/place. towards lower place or level.

recessions

/rəˈseSH(ə)n/

noun other

period of temporary economic decline during which trade and industrial activity are reduced, generally identified by fall in GDP in two successive quarters. Decreased business activity, when work is scarce.

aggregate
adjective noun verb

forming total. whole. To gather, involve or combine into a single group.

understand

/ˌəndərˈstand/

verb

To know the meaning of language, what someone says.

explore

/ikˈsplôr/

verb

To examine something in detail to learn about it.

consumer

/kənˈso͞omər/

noun

Person who buys goods or services.

negative

/ˈneɡədiv/

adjective exclamation noun verb

characterized by absence of distinguishing features. no. Image on camera film used to make a photo. refuse to accept.

demonstrate

/ˈdemənˌstrāt/

verb

give practical exhibition of.

measures

/ˈmeZHər/

noun other verb

plan or course of action. Tools used to calculate the size of some things. determine size or amount.

unemployment

/ˌənəmˈploimənt/

noun

state of being unemployed.

economy

/əˈkänəmē/

adjective noun

offering best value for money. Total of all goods, services and wages in an area.

represent

/ˌreprəˈzent/

verb

To act or speak for another person or other people.

decrease
noun verb

Amount by which something has been reduced. make or become smaller or fewer.

relationship

/rəˈlāSH(ə)nˌSHip/

noun

way in which two or more people or things are connected.

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