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Which of the following is correct about the Phillips Curve of an Economy ?a)An inverse relationship between the rate of unemployment and the rate of inflationb)A directly proportionate of the rate of unemployment and the rate of inflationc)An inverse relationship between he rate of GDP growth and the rate of inflationd)A directly proportionate of the rate of unemployment and the rate of the unemployment.Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following is correct about the Phillips Curve of an Economy ?a)An inverse relationship between the rate of unemployment and the rate of inflationb)A directly proportionate of the rate of unemployment and the rate of inflationc)An inverse relationship between he rate of GDP growth and the rate of inflationd)A directly proportionate of the rate of unemployment and the rate of the unemployment.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is correct about the Phillips Curve of an Economy ?a)An inverse relationship between the rate of unemployment and the rate of inflationb)A directly proportionate of the rate of unemployment and the rate of inflationc)An inverse relationship between he rate of GDP growth and the rate of inflationd)A directly proportionate of the rate of unemployment and the rate of the unemployment.Correct answer is option 'A'. Can you explain this answer?.

Solutions for Which of the following is correct about the Phillips Curve of an Economy ?a)An inverse relationship between the rate of unemployment and the rate of inflationb)A directly proportionate of the rate of unemployment and the rate of inflationc)An inverse relationship between he rate of GDP growth and the rate of inflationd)A directly proportionate of the rate of unemployment and the rate of the unemployment.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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