Question
The Phillips curve shows relation between __________
Solution
TheĀ Phillips curve Ā is an economic concept developed by A. W.Ā Phillips Ā stating that inflation and unemployment have a stable and inverse relationship . The short-run Phillips curveĀ 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. TheĀ long-run Phillips curveĀ is a vertical line that illustrates that there is no permanent trade-off between inflation and unemployment in theĀ long run.Ā The long-run Phillips curveĀ is vertical at the natural rate of unemployment.
The Blind river dolphins are found in the water of:
Indian National Congress was founded by __________.
If we join every possible pair of the mid ā points of sides of a square, the number of non-overlapping regions into which of the square is divided isļæ½...
A city likely to record the lowest minimum annual temperature in July is
Consider the following statements :
1.Ā Ā Ā Ā Ā The Alps are young fold mountains with rugged relief and high conicalĀ peaks.
2.Ā Ā Ā ļæ½...
If 36 persons can finish 50% of work in 12 days In how many days 72 person can finish the complete work?
5 different ornaments were made and 5 boxes, one for each with the names of the ornaments written over them. In how many ways can one put one ornament i...
Which one of the following rivers is also known as the āsorrow of Benagalā?
