Economics A-Level
Inflation expectations
What Inflation expectations means in Economics A-Level, as defined for AQA.
Definition of Inflation expectations
Check what you remember
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Reference: AQA
When demand is stimulated to push unemployment below NAIRU, these rise, shifting the SRPC outwards along the vertical LRPC.
Topics that use Inflation expectations
Related terms
- Cyclical unemployment
- Demand-side policies
- Economic growth
- Economic harmony
- Inflationary pressures
- Labour market dynamics
- Long-run aggregate supply
- Long-run Phillips curve
Using Inflation expectations in the exam
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