Question
 If the wage contracts gets better indexed with the
prices, what will happen to the effect of unemployment on inflation?Solution
Without wage indexation, lower unemployment increases wages which in turn increases price. If there is wage indexation, then this increase in price will further increase the wages which then again increase the price. This will lead to second round effect on inflation. Thus inflation increases further.
Choose the correct answer to the question from the options that follow it.
A persuasive essay should always be:
Choose the correct answer to the question from the options that follow it.
A formal letter should always be:
Each of the following questions consists of two words which have a relationship to each other. This is followed by four pairs of related words. Choose t...
Choose the correct answer to the question from the options that follow it.
A descriptive essay should always be:
Select the most appropriate direct form of the given sentence.
A worker told his companion that he was totally exhausted and couldn’t walk anymore.
Choose the correct answer to the question from the options that follow it.
A research paper should always be:
Tom said that the burglar had come in through the window.
