The cardinal signs are associated with starting things, initiating things or being enterprising. They are forceful and aggressive and have the will to accomplish something, often something new. They project into the world.
Definition of 'Phillips Curve'. Definition: The inverse relationship between unemployment rate and inflation when graphically charted is called the Phillips curve. William Phillips pioneered the concept first in his paper The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861-1957,' in 1958.
Use Phillips curve in a sentence. When trying to figure out how much to offer to prospective employees the phillips curve can be a good resource. I checked out the Phillips Curve to see what was happening with it and was really glad to see that the two variables were doing great. The Phillips curve was displayed during 2015 because despite the global prosperity being at an all time high there are only so many resources to analyze.