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EnglandEconomicsQuick questions
Component 2: Macroeconomics - Macroeconomic policy
Quick questions on Policy conflicts and the Phillips curve - OCR A-Level Economics (H460)
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?Show answer
Explain the trade-off shown by the short-run Phillips curve. [3 marks]
What is q2?Show answer
Explain why the long-run Phillips curve is vertical. [4 marks]
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