Solved UPSC CDS/OTA Question
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Q · Inflationmoderate · 45s
What is the 'Phillips Curve' relationship?
TopicInflation
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Phillips Curve shows an inverse relationship between inflation and unemployment in the short run.
Final Answer: Option A - Inflation and unemployment