New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The level of current inflation is 12% and inflation for

    the previous year was 6%. The strength of the effect of unemployment on the wages is 1.5. Calculate the current unemployment rate when the natural rate of unemployment is 15%
    A 11.5% Correct Answer Incorrect Answer
    B 11% Correct Answer Incorrect Answer
    C 10.0% Correct Answer Incorrect Answer
    D 12% Correct Answer Incorrect Answer

    Solution

    Practice Next