According to Phillips curve unemployment will return to the natural rate when:

Related MCQs

• In short-run, unemployment may fall below the natural rate of unemployment if:
• During upswing, the unemployment rate and output
• If any unemployment exists during expansion phase of business cycle, it is
• Phillip’s curve shows the relationship between the rate of
• Bank rate is
• Bank rate policy is not very effective because-
• Which among the following is called the rate of interest charged by RBI for lending money to various commercial banks by rediscounting of the bills in India?
• Fall in the interest rate is a typical feature of
• Which of the following measure proves effective in reducing the rate of inflation?
• Governments may end up with a high money growth rate and high inflation as a result of policies designed to