The Phillips Curve and the Natural Rate of Unemployment
This guide explains the short-run and long-run Phillips curve models, the natural rate of unemployment, shift factors for both curves, and the direct connection between the Phillips curve and the AD-AS model for AP Macroeconomics.
📖Study Guide
In-depth bilingual notes with worked past paper examples.
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Timed practice questions with mark scheme grading. Coming soon.
🎴Flashcards
Spaced repetition for key concepts and definitions. Coming soon.
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