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List of top Economics Questions on Inflation and unemployment asked in IIT JAM EN

In an expectations-augmented Phillips curve equation, expected inflation rate and natural rate of unemployment are \(5\%\) and \(4\%\), respectively. The responsiveness of inflation to unemployment gap is \(0.5\). If actual unemployment rate is \(5\%\), then the actual inflation rate (in %) is (rounded off to one decimal place).
  • IIT JAM EN - 2026
  • IIT JAM EN
  • Economics
  • Inflation and unemployment
Which one of the following statements is CORRECT in the context of price indices?
  • IIT JAM EN - 2026
  • IIT JAM EN
  • Economics
  • Inflation and unemployment