← A Level Economics Revision · All Short-run Phillips curve questions · Home

A-Level Economics · Short-run Phillips curve diagram question

Which point shows LOW unemployment with HIGH inflation?

▶ Try it in the game first

The diagram

The answer

Point A. A: unemployment 2%, inflation 6%. Read across to the vertical axis and down to the horizontal one — the dashed guides do the work for you. Unemployment is on the HORIZONTAL axis, inflation on the vertical. Low unemployment therefore means far LEFT, and high inflation means high up: point A, 2% unemployment with 6% inflation.

Test yourself properly

This is one of 5 questions on the short-run phillips curve diagram — every corner lettered, every wrong answer diagnosed.

▶ Play the short-run phillips curve game All questions & answers