Back to the full dot-point answer
ScotlandEconomicsQuick questions
National and Global Economic Issues
Quick questions on Inflation, unemployment and the Phillips curve: measurement, causes and the trade-off - SQA Advanced Higher Economics
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
State one cause of demand-pull inflation and one cause of cost-push inflation. [2 marks]
What is q2?Show answer
Explain why the long-run Phillips curve is vertical. [2 marks]
Have a question we have not covered?
This dot-point answer is short enough that we have not extracted many short questions yet. Read the full dot-point answer or ask Mo, our study assistant, in the chat for follow ups.