Question
The Phillips curve, while historically indicative of an
inverse relationship A. between inflation and unemployment B., has been subject of the critique of the natural rate hypothesis C., challenging the sustainability of trade-offs D. between these two macroeconomic variables on the long run E. Given below is a sentence divided into five parts. One of the parts is emboldened and the part is erroneous i.e it contains a grammatical error. You need to find one more part from the options given below that contains the error.Solution
‘Subject of’ should be replaced with ‘subject to’ that means ‘being affected by something or influenced by something’. In ‘subject of’ the subject refers to a topic or subject of discussion. In the emboldened part ‘on the long run’ is a phrase that has been used incorrectly. It should be ‘in the long run’ that means ‘eventually’ or ‘following a long course of time’.
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