Re: ISI 2017 key

Posted by Asd1995 on May 28, 2017; 6:56pm
URL: http://discussion-forum.276.s1.nabble.com/ISI-2017-key-tp7604137p7604789.html

let me be more detailed

slope of supply curve= delta (p)/delta (y)== inflation/output==inflation/employement

hence inflation=slope * employement

if slope is high, particular change in employement has more effect on inflation (since these are being multiplied)