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

Question

Which of the following statements is incorrect regarding

Phillips’s curve?

A High inflation and high unemployment are because of recession/depression

B As per Friedman, there is no relation between unemployment and inflation in the long-run

C It depicts relationship between inflation rate and unemployment rate

D None of these

E All of these

Practice Next

More Banking System in India Questions

The expression “Equality before law” has been adopted from?
With reference to the Code of Civil Procedure, 1908, upon application of the decree holder the court which passed the decree may, whenever think fit iss...
What does the principle of Ignorantia Juris Non Excusat assert?
Under Section 45, a person is said to abet the doing of a thing in which of the following cases?
Under Section 63 of the Bharatiya Sakshya Adhiniyam, 2023, which of the following is a NEW requirement compared to Section 65B of the Indian Evidence Ac...
Five distinct verticals have been formulated to provide focused strategic direction to the activities of NABET. Which of the following is not one of those?
Under Section 65 of the Indian Contract Act, 1872, when a contract becomes impossible to perform due to an unexpected event, the contract is:
A body corporate:
A negotiable instrument means_________________
Which of the following statements is correct regarding the number of conciliators in a conciliation process?

ask-question