Can COVID-19 Generates Inflation and Unemployment Simultaneously?

Abstract

This paper explores the final impact of COVID-19 on the worldwide inflation and unemployment through the construction of the Multidimensional Phillips Surface (MP-Surface). The creation of MP-Surface applies the uses of Multi-Level Disks Random Coordinate Space. The main objective of this paper is to probe if COVID-19 can generate inflation and unemployment simultaneously, then we can experience a prolonged economic depression (seven years approximately). In essence, this paper evaluates the Pre-COVID-19, COVID-19, and Post-COVID-19 impact on the worldwide inflation and unemployment between the 2019/2021.