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Ayushi posted an Question
July 03, 2020 • 05:16 am 30 points
  • UGC NET
  • Economics

58. according to the monetarist theory of inflation in any dp/dt dm/dt_ dy/dt m economy p where p= price level, m- supply of p tmoney, y= real income. here show

58. According to the monetarist theory of inflation in any dp/dt dM/dt_ dy/dt M economy p where P= Price Level, M- Supply of P Tmoney, y= real income. Here shows (1) Price clasticity of demand (2) (3) Rate of growth of the economy (4 None of the above Income elasticityu of demand for money T- *IE5 Teta HT fei qelarren pdt dM ldt dy/dt P M (2 HT 3T4 (4) 59. Which af the followimg truely reflect structural unemployment ? (2) (31 (4 Ncw entrants into the labour force have trouble finding jobs Works are laid off because aggregate demand has fallen Workers do not have information about job openings Workers loose jobs as their skill are no longer in demand

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  • Harini best-answer

    58. the correct option is c the beta is considered to be the percentage of the rate of growth of the economy that affects the inflation rate( the changes in the price level in the economy [LHS of the eqn]). Therefore inflation rate is the rate of growth of money supply minus percentage of rate of growth of the economy. 59. the correct option is 4 the structural unemployment is when worker lose their jobs due to any technological improvement or their kind of services is needed in the economy. unemployment that arises neither due to any demand nor supply shocks in the economy

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