C.Is there any relationship between inflation rates and unemployment rates? pls help?

its 6 marks question

C.Is there any relationship between inflation rates and unemployment rates? pls help?care credit

there is a correlation as to what or if there is causal relationship is still up for debate because of the endogenous problem

C.Is there any relationship between inflation rates and unemployment rates? pls help? loan

yes there is an inverse relation between them (search about Phillips curve in google...etc) the more unemployment, the less inflation lets see why,

lets think about a country which wants to decrease unemployment rate... if unemployment rate decreases wage will increase, the increase in wages will give rise to an increase in cost of productions as costs gets higher, prices will increase and inflation will increase

less unemployment, more inflation rate|||INFLATION IS TOO MANY PEOPLE GOING FOR TO FEW GOODS BECAUSE OF SUPPLY AND DEMAND.

THERE IS LESS SUPPLY BECAUSE CAPITALIST PEOPLE THING THAT BY PRODUCE LESS GOODS THE PRICE WILL INCREASE THEN THEY PRODUCE MORE PROFIT. YES, EXXON MOBIL GIVE ORDERS TO SAUDI ARABIA?

UNEMPLOYMENT IS COST BY COMPANIES TURNING TO ROBOT TO DO THE JOB BECAUSE IT DOES NOT COST SALARY PER PERSON.

WHY NOT CUT OFF THE ELECTRICITY SUPPLY AND BOSSES WILL BE BEGGING YOU TO WORK FOR THEM WITH SALARY TWICE THE MARKET PRICE.

WITHOUT ELECTRICITY THE ROBOT CANNOT WORK.

WE THE WORKERS HAVE THE UPPER HAND.

ROBOT CANNOT THINK BECAUSE WE ARE THE MASTERMIND.