📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    ⚡ Month End Offer - Flat 52% Off On All Courses! Enroll Now ⚡
    00:00:00 AM Left

    Question

    Where there is increase in Government expenditure, how

    will it affect Phillips curve?
    A Phillip Curve will shift to the right Correct Answer Incorrect Answer
    B Phillip Curve will shift to the left Correct Answer Incorrect Answer
    C Movement along the Phillip curve wherein unemployment decreases Correct Answer Incorrect Answer
    D Movement along the Phillip curve wherein inflation decreases Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    It’s a movement along the curve. It will increase inflation & decrease unemployment.

    Practice Next
    More Alternate Sources of Finance Questions
    ask-question