true or false
1 - True
MNC and MNF are established to work in more than 1 nation
2 - True
During the growth , generally the inflation occurs and not deflation.
3 - True
Stagflation has two problem of rising inflation and also rising unemployment with fall in output. Hence it is more difficult to control.
4 - False
Increase in M1 gives the inflation problem as it deals with the currency in circulation in economy
5 - False
The philips curve will slope down due to higher unemployment and lower inflation.
Get Answers For Free
Most questions answered within 1 hours.