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Inflation · UPSC CDS/OTA · Question 5 of 60

Inflation: The ‘Phillips Curve’ illustrates the relationship between

Step-by-step solution. Inflation for UPSC CDS/OTA.

Topic
Inflation
Subject
General Studies
Difficulty
Medium
Solve Time
45-60 sec

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Q · InflationMedium · 45s

The ‘Phillips Curve’ illustrates the relationship between:

TopicInflation
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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The Phillips Curve shows an inverse relationship between inflation and unemployment in the short run.

Final Answer: Option A - Inflation and unemployment
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The ‘Phillips Curve’ illustrates the relationship… - Inflation (General Studies) Solved Question