Draw theshort-run Phillips curve if the natural unemployment rate is 4 percent and the expected inflation rate is 6 percent a year. Label it.

Draw a point at the natural unemployment rate and the expected inflation rate.

Draw the short-run Phillips curve if the natural unemployment rate is 4 percent and the expected inflation rate is 6 Inflation rate (percent per year) percent a year. Label it. 107 Draw a point at the natural unemployment rate and the expected inflation rate. 8- 4- 2- 6 8 10 Unemployment rate (percentage of labour force) 12 14 Selected: X none Delete Clear ? Click the graph, choose a tool in the palette and follow the instructions to create your graph