9. The Phillips curve in the late 20th century The following table shows selected data on unemployment and inflation in the United States between 1964 and 1968. Unemployment Rate Inflation Rate Year (Percent) (percent) 1964 1085 4.5 1.6 1936 3:8 2.9 3.1 Pot the data for these five years on the following graph. Note: You will not be graded on how you plet the points, but plotting the points accurately on the graph will help you examine the relationship between unemployment and Inflation during this period and solve the problems that follow. INFLATION RATE Forcert UNEMPLOYMENT RATE (Percaany which of the following statements best describes the relationship between inflation and unemployment in the United States during this time period? O The short- The short-run Philips curve The short-run Phi urve shifted to the left after actual lower than expected. short-run Phillips curvs (SRPC) for the United States in 1964. Drag the dot along the weve, or both to mustrate what happened between 1964 and 1958. O- SRPC INFLATION RATE UNEMPLOYMENT RATE wing graph show shift the 20 ean 1964 and 1969. (? OUTPUT