Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

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

/ » Micro Economics 1 solved MCQs / 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.