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Subject - Economics:

Macroeconomics

MCQ - 172-4182

Question:

The short-run Phillips curve depicts the ____ relationship between ____ and ____.

  1. positive, price level, interest rate
  2. negative, interest rate, private investment
  3. negative, the inflation rate, the unemployment rate
  4. negative, interest rate, private investment
  5. negative, interest rate, money demand

Correct Answer: C

Explanation:

This choice describes the negative-sloping Phillips curve with the inflation rate on the y axis and the unemployment rate on the x axis.

Record Performance

269 MCQ for effective preparation of the test of Macroeconomics of Economics section.

Read the MCQ statement: The short-run Phillips curve depicts the ____ relationship between ____ and ____. , keenly and apply the method you have learn through the video lessons for Macroeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 172-4182.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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