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Gcurve (srpc) when the public expects no inflation in the economy. a. according to this srpc, what would inflation be if unemployment is %? inflation rate (%) unemployment rate (%) 0 1 2 3 4 5 6 7 8 9 10 -3 -2 -1 0 1 2 3 4 5 6 7 srpc b. move the srpc line to reflect what would happen if the public's inflation expectations increased so that they now expect the inflation rate to increase by 2%. c. if the unemployment rate is still %, what is the new inflation rate after this change in
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Gcurve (srpc) when the public expects no inflation in the economy. a. according to this srpc, what w...
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