Question
At point A, inflation is equal to the underlying rate of
inflation and output is at the level of output consistent with the equilibrium unemployment rate. If the economy were at point B, you would expectSolution
When we are not at the equilibrium rate of unemployment, the rate of underlying inflation changes. Since we don't know what aggregate demand is doing, we can't meaningfully speak of excess supply or demand. Our presumption will be that aggregate demand and short-run aggregate supply are equal.
I found it difficult to removed (a) / the chewing gum that (b) / stuck to my cap (c) / No Error(d)Â
Each question in this portion has a sentence with three parts (a), (b) and (c). Read each sentence to find out whether there is any error in a...
Though with time, fashion style keeps changing, yet fashion maniacs are forever caught by the claws of the current trend. In the process of trying to be...
- Select the option that corrects the error in the given sentence.
She speaks loud in the meeting. Where two conflicting reports are on record, he ruled it is better to go through the trial and consider the evidence it brings.
The shift towards contactless is not only (A)/ an attempt to drive adoption, but to (B)/ remove legacy challenges that had constrained (C)/ growth such ...
The Property (a) / divided among (b) / the two brothers. (c) / No error (d)
Identify the segment in the sentence that contains a grammatical error-
Seeta told me his name after he left
Their idea of a fun Saturday afternoon (A)/is to go paintballing and (B)/take up covered in golfball-sized red weals (C)/from being shot at close range...
Directions: In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark i...