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EnglandEconomicsQuick questions

Macroeconomics: Aggregate demand, supply and policy

Quick questions on Policy conflicts and the Phillips curve - Eduqas A-Level Economics (A520)

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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Explain why the long-run Phillips curve is vertical. [4 marks]
What is q2?
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Explain one conflict between macroeconomic objectives that a government might face. [4 marks]

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