If the wage contracts gets better indexed with the prices, what will happen to the effect of unemployment on inflation?
Without wage indexation, lower unemployment increases wages which in turn increases price. If there is wage indexation, then this increase in price will further increase the wages which then again increase the price. This will lead to second round effect on inflation. Thus inflation increases further.
Koneru Humpy is associated with which sport?
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A Formosa bond is a bond issued in _______________.
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