The phenomenon of increase in money wages that leads to increases in unemployment is shown by:

by
Question:

The phenomenon of increase in money wages that leads to increases in unemployment is shown by:

A.

Speculative demand curve

B.

Phillip’s curve

C.

Aggregate supply

D.

Income consumption curve

Answer» b. Phillip’s curve

Note: The above multiple-choice question is for all general and Competitive Exams in India.