During upswing, the unemployment rate and output

Related MCQs

• In short-run, unemployment may fall below the natural rate of unemployment if:
• According to Phillips curve unemployment will return to the natural rate when:
• If any unemployment exists during expansion phase of business cycle, it is
• Besides increase in output, economic development is concerned with
• Assuming that 3 units of capital are required to produce 1 unit of output, then capitaloutput ratio would be
• The incremental capital-output ration (ICOR) refers to the
• Capital-output ratio is determined by
• Which growth model inspired the use of capital-output ratio for development planning?
• Governments may end up with a high money growth rate and high inflation as a result of policies designed to
• Bank rate is