The effect of inflation on the price competitiveness of a country’s products may be offset by ?

Related Mcqs:

Inflation ?

A. Reduce the cost of living B. Reduce the standard of living C. Reduce the price of products D. Reduce the purchasing power of a rupee...

An increase in aggregate demand is more likely to lead to demand pull inflation if ?

A. Aggregate supply is perfectly elastic B. Aggregate supply is Perfectly inelastic C. Aggregate supply is unit elastic D. Aggregate supply is relatively elastic...

In the short run unemployment may fall below the natural rate of unemployment if ?

A. Nominal wages have risen less than inflation B. Nominal wages have risen at the same rate as inflation C. Nominal wages have risen more than inflation D. Nominal wages have risen less than unemployment...

The Phillips curve shows the relationship between inflation and what ?

A. The balance of trade B. The rate of growth in an economy C. The rate of price increase D. Unemployment...

According to the Phillips curve unemployment will return to the natural rate when ?

A. Nominal wages are equal to expected wages B. Real wages are back at equilibrium level C. Nominal wages are growing faster than inflation D. Inflation is higher than the growth of nominal wages...