Understand how inflation can affect the Singapore economy
Singapore experienced a quarterly growth rate of -0.7% from April to June 2012. However, during the same period, inflation rate remained high at about 5%. Explain why inflation can remain high despite a slowdown in economic growth in Singapore. 
What you need to know to attempt this essay question?
First, explain slowdown in economic growth. Second, explain the different types of inflation and the causes of each type of inflation, which is not due to the slowdown in economic growth.
How to apply the knowledge to your exam preparation?
From the video, prepare an essay outline on how to tackle the question. Thereafter, aim to complete the essay within 45 mins, so as to improve your writing and thinking skills.
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