B Com Exam  >  B Com Questions  >  Why did the Phillips Curve trade-off break do... Start Learning for Free
Why did the Phillips Curve trade-off break down by the mid-1970s?
  • a)
    Inflation expectations became unpredictable
  • b)
    Government intervention in labor markets
  • c)
    Technological advancements reduced unemployment
  • d)
    Decreased demand for labor
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inf...
The Phillips Curve trade-off broke down as inflation expectations became unpredictable, challenging the stable relationship between unemployment and inflation.
Explore Courses for B Com exam
Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer?
Question Description
Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Why did the Phillips Curve trade-off break down by the mid-1970s?a)Inflation expectations became unpredictableb)Government intervention in labor marketsc)Technological advancements reduced unemploymentd)Decreased demand for laborCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev