Question

Labour cost index value was at 124 ten years ago and it is 188 today. Annual labour costs for similar capacity were Rs. 6,75,500 ten years ago. Estimate the present annual labour costs

Answer 1

Answer:

Many consider a 4% to 5% unemployment rate to be full employment and not particularly concerning. The natural rate of unemployment represents the lowest unemployment rate whereby inflation is stable or the unemployment rate that exists with non-accelerating inflation