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The Phillips curve is an economic concept developed by A. W. Phillips stating that inflation and unemployment have a stable and inverse relationship . The short-run Phillips curve is roughly L-shaped to reflect the initial inverse relationship between the two variables. The theory claims that with economic growth comes inflation, which in turn should lead to more jobs and less unemployment. The long-run Phillips curve is a vertical line that illustrates that there is no permanent trade-off between inflation and unemployment in the long run. The long-run Phillips curve is vertical at the natural rate of unemployment.
A sum fetched a simple interest of ₹3,040 at the rate of 8 %.p.a. in 5 years. What is the sum?
Naina lent Rs. 10,000 to Mohini for 4 years and Rs. 15,000 to Mitali for 6 years on simple interest at the same rate of interest and received Rs. 2,600 ...
A certain sum amounts to ₹13200 after 4 years and to ₹16400 after 8 years at the same rate percent p.a. at simple interest. The simple interest (in ...
The amount in a bank account after 3 years is ₹1350 when the interest is compounded annually at a rate of 10%. What was the principal amount?
'M' placed a specific amount of money into the 'SBI' Mutual Fund, which provides a 15% per annum simple interest rate. Simultaneously, 'M' invested the ...
Rs. 10000 when invested at simple interest of r% p.a. amounts to Rs. 12000 in 24 months. If the same sum had been invested for 1 year at compound intere...
A sum lent out at simple interest amounts to 6076 in 1 year and 7504 in 4 years. The sum and the rate of interest p.a. are respectively
Simple interest received at the rate of 9% p.a. for 5 years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6...
A invested Rs. ‘x’ in a scheme offering compound interest of 30% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. ...
