Economics · Phillips Curve
According to the Friedman-Phelps expectations-augmented Phillips curve, unemployment will return to its natural rate when:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Nominal wages are equal to expected wages
- 2Actual inflation equals expected inflation✓
- 3Nominal wages are growing faster than inflation
- 4Inflation is higher than the growth of nominal wages
Correct answer
Actual inflation equals expected inflation
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Phillips Curve MCQs →Want more practice questions on Phillips Curve?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Phillips Curve