Help - Expectations Augmented Philips Curve
Business and management discussion, revision, exam and homework help.
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Help - Expectations Augmented Philips Curve
Well the exam is on the 20th, and I still dont fully understand this damn diagram.
Well I do... I understand it fully, I just cant seem to grasp it. Like I know it, but take the textbook away from me and I simply struggle to explain it as I've pretty much forgotten it...
Anyways, I wont bother asking for someone to help me out. What I really want to know is:
- In which type of question would you use the EAPC?
- Could (for less marks) the normal philips curve be used instead? Especially if I'm referring to the short run.
P.S I'm (or meant to be) an A candidate but I've always struggled with diagrams. -
Help - Expectations Augmented Philips Curve
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