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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. From one person, thing, or place, to another.

downward

/ˈdounwərd/

adjective adverb

moving or leading towards lower place or level. 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. A sum total amount of something. To gather, involve or combine into a single group.

understand

/ˌəndərˈstand/

verb

To know the meaning of language, what someone says.

explore

/ikˈsplôr/

verb

travel through unfamiliar area.

consumer

/kənˈso͞omər/

noun

Person who buys goods or services.

negative

/ˈneɡədiv/

adjective exclamation noun verb

In mathematics, being less than zero. no. In grammar, containing words such as 'no' or 'not'. refuse to accept.

demonstrate

/ˈdemənˌstrāt/

verb

give practical exhibition of.

measures

/ˈmeZHər/

noun other verb

plan or course of action. Plan to achieve a desired result. determine size or amount.

unemployment

/ˌənəmˈploimənt/

noun

Number of people without jobs in a country.

economy

/əˈkänəmē/

adjective noun

offering best value for money. Using money, resources in a careful, effective way.

represent

/ˌreprəˈzent/

verb

be entitled to act for someone.

decrease
noun verb

instance of becoming smaller or fewer. make or become smaller or fewer.

relationship

/rəˈlāSH(ə)nˌSHip/

noun

Way people interact or live with each other.

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