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How might the theory of the short-run Phillips curve be applied to motivate the idea of the Fed aiming to achieve a particular inflation target

How might the theory of the short-run Phillips curve be applied to motivate the idea of the Fed aiming to achieve a particular inflation target in order to attain a desired rate of unemployment?

If the Fed succeeds in raising the rate of inflation, are you necessarily worse off? Why or why not?

Reference: Miller, R. L.. (2021).Economics Today: The Macro View, 20^thedition. Pearson: Upper Saddle River, NJ.

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