1.Using the information in this note and in the Excel file put forward your analysis of the relationship between unemployment and inflation. You should put forward arguments that are both for and against the Phillips Hypothesis paying attention to the results for 1947-2020, 1947-1959, 1960-1979, 1980-1999, 2000-2010 and 2011-2020.

You are free to use any of the charts or graphs in your paper

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