Question:medium

Match List-I with List-II.
List-I List-II
A. Expectation Augmented Phillips curve I. Long run vertical Phillips curve
B. Natural rate of unemployment II. Excess aggregate demand
C. Demand pull inflation III. Wage price spiral
D. Cost push inflation IV. Friedman

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Demand-pull inflation is caused by excess aggregate demand, while cost-push inflation is linked with rising production costs and wage-price spiral.

Updated On: May 22, 2026

A-I, B-II, C-III, D-IV
A-IV, B-II, C-I, D-III
A-IV, B-I, C-III, D-II
A-IV, B-III, C-II, D-I

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The Correct Option is B

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