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iekweI-23: iPilps vkr ivSlySx
auhnW dw ieh socxw isrP iek Bul hY ik kImqw iv` viriD auhnW dI vsquAW dI mMg iv`c viriD dy kwrx hoeI È؇
hY[ iehdy pirxwmsrup, auqpwdn v`Dx dy leI auh v`D vrkrW ƒ rojgwr qy lYdy hn[ ijdy nwl byrojgwrI G`t
ho jWdI hY[ vrkr vI kImqW iv`c viriD ƒ Apxy auDog nwl sMbiDq mwnx dI Bul krdy hn[ pr jd SrimkW
dI mMg v`DdI hY qW mjdUrI v`DdI hY Aqy vrkr modirk mjdUrI dI viriD ƒ vwsqivk mjdUrI dI viriD mwn
lYdy hn[ ies qrW ArQ-ivvsQw QoVy smy iPilps vkr SPC qy A ibMdu qo B ibMdu qy au`qy dI Aor cldI hY[
1
pr CyqI hI vrkr Aqy PrmW ieh pwdy hn ik swry auDogW iv`c kImqW Aqy mjduirAW dI viriD ho geI hY[
Prmy ieh vI pWdI hY ik auhnW dI lwgqy v`D geI hY[ sPIiq dr iv`c 4 pRiqSq viriD dy nwl hI vrkr ieh
mhsus krdy hn ik auhnW dI vwsqivk mjduirAW G`t ho geI hY Aqy mjdUrI v`Dx dy leI dbwv pWdy hn[ ies
qrW srkwr dI mudrw nIqI dy krx ArQ-ivvsQw iv`c sPIiq dI dr v`D jWdI hY[ pirxwmsvrup, SPC
2
vkr qy ieh ibMdu B qo C dI Aor cwilAw jwdW hY ijQy byrojgwrI dr 3 pRiqSq hY jyVI srkwr rwhI ivsqwrk
modirk nIiq Apnwny qo pihlw dy brwbr hY[
jdo srkwr dubwrw mudrw sPIiq v`Dwky byrojgwrI G`t krx dw dubwrw Xqn krdI hY qW auh ien krmcwirAW
Aqy PrmW ƒ murK nhI bxw skdI jyVI hux ArQ-ivvsQw iv`c lwgqW Aqy kImqW dI giqiviDAW qy njr
rKdy hn[ jykr Prmy ApxI vsquAW dI lwgqW dy nwl nwl kImqW iv`c viriD dI AwSW krdI hY qW auh Apxw
aqpwdx v`Dwx dI koiSS nhI krygI ijvyjW SPC vkr dy mwmly iv`c hoieAW[ ijQo q`k vrkrW dw swvwl
1
hY, srm SMgTn ArQ-ivvsQw iv`c v`DdI hoeI kImqW dy muqwbk mjdUrI v`Dx dI mMg krdy hn[ jd srkwr
modirk pRswrx (jW rwjkoSIA) nIqI ƒ cwlU rKdI hY qW vrkrW Aqy PrmW ƒ iesdI Awdq ho jWdI hY[ auhnW
dw AnuBv hI auhnW dI pRqXwSwvW bx jwdW hY[ iesleI srkwr jd dobwrw ies qrW dI nIqI ApnWdI hY
qW PrmW ApxI vsquAW dI kImqW, pRqXwiSq sPIiq ƒ byhqr krx dy leI v`Dw dydI hY qwik aqpwdn Aqy
rojgwr qy iesdw pRBwv n pvy[ ies qrW, sPIiq dI pRqXwSW iv`c vrkr v`D vyqn dI mMg krdy hn aqy PrmW
v`D nokirAW nhI dydI hY[ dUdy SbdW iv`c, PrmW Aqy vrkr mjdurI smJoqy Aqy kImq-nIiqAW iv`c ApxI
pRqXwSwvW bxw lYdy hn qwik byrojgwrI dI vwsqivk dr Aqy kudrqI dr iv`c, ieQy q`k ik QoVy smy iv`c vI,
koeI AMqr n rh jwvy[
‡≈√’ lMmy smy iPilps vkr dy sMbD qy Apxy ivcwr pyS kro[
√ÚÀ ÓπÒª’‰ (Self Assessment)
hyT id`qy gey kQ`nW iv`c shI Aqy glq dI pihcwn kro
(State whether the following statements are True or False):
7. lMmy smy iv`c sPIiq Aqy rojgwr iv`c ivinmX nhI huMdw hY[
8. lMmy smy, iv`c byrojgwrI dI kudrwqI dr qy iPilps vkr iek AnulMb ryKw hMudI hY[
9. QoVy smy dy isvwey byrojgwrI Aqy sPIiq dy iv`c ivinmX huMdw hY[
10. lMmy smy iv`c, ArQ-ivvsQw kudrqI byrojgwrI dr qy sQwigq hox dy leI vwD nhI hovygI[
23.4 iPilps vkr nIqI ivSXk inihq q`q
(Policy Implications of the Phillips Curve)
iPilps vkr dy nIiq sMbMDI inihq q`q mhq`vpUrx hn[ ieh suJwA idMdw hY ik byrojgwrI dy auucy pD`rW dy ibnW
sPIiq nUM rokx dy leI modirk Aqy rwjkoSIAw nIiqAW iks sImW q`k pRXog ivc ilAweI jw skdI hY[ dujy
sbdW ivc, ieh AiDkwrI vrg dw ies sMbMD ivc mwrg drSn krdw hY ik jdoN byrojgwrI dw pDr id`qw hovy,
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