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The Phillips Curve is an inverse relationship between the rate of unemployment in an economy and the inflation. The lower the unemployment is, the higher inflation we get! Thus we can say that the Phillips Curve is negative (downward sloping)

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Q: Which way does the Phillips curve slope?
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The derivative finds the of a curve?

The gradient of the tangents to the curve.


What determines the slope of IS Curve?

mainly the slope of Is curve depends on ; -the slope of investment schedule -the size of the multiplier


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You find the slope of the tangent to the curve at the point of interest.


What is the slope of a curve?

Slope of a Curve A number which is used to indicate the steepness of a curve at a particular point.The slope of a curve at a point is defined to be the slope of the tangent line. Thus the slope of a curve at a point is found using the derivative


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If the curve is on the xy-plane, finding an expression for dy/dx will give you the slope of a curve at a point.


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You find the tangent to the curve at the point of interest and then find the slope of the tangent.


How the slope of a curved line at a point can be found?

The slope of a curved line at a point is the slope of the tangent to the curve at that point. If you know the equation of the curve and the curve is well behaved, you can find the derivative of the equation of the curve. The value of the derivative, at the point in question, is the slope of the curved line at that point.


Why does taking the derivative of a function give you the slope of the tangent?

Why: Because that's what the derivative means, the way it is defined - the slope of the curve at any point of the line.


What is the slope of a curve line?

The slope of a curved line changes as you go along the curve and so you may have a different slope at each point. Any any particular point, the slope of the curve is the slope of the straight line which is tangent to the curve at that point. If you know differential calculus, the slope of a curved line at a point is the value of the first derivative of the equation of the curve at that point. (Actually, even if you don't know differential calculus, the slope is still the value of the function's first derivative at that point.)


As a curve approaches a maximum point the slope will do what?

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