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UPSC Indian Economic Service (IES) MCQs
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The Phillips curve shows the relationship between:
The Phillips curve shows the relationship between:
A. Inflation and unemployment
B. GDP and inflation
C. Fiscal deficit and growth
D. Exchange rates and inflation
Explanation:
Phillips curve relates inflation and unemployment.
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More from UPSC Indian Economic Service (IES) MCQs:
Which term means a situation with many buyers and sellers but no single entity controls the market?
Which sector contributes the most to India's GDP?
In economics, “marginal cost” means:
India’s first Five Year Plan focused on:
Which indicator measures economic inequality?
Which of the following is an example of a direct tax?
What does “Monetary Policy” primarily regulate?
Which type of unemployment is due to seasonal variations?
The term “GNP” stands for:
Which institution publishes the “Economic Survey” of India?
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