l Suppose that half of the workers (1/2) have indexed labour contracts. The Phillips curve is given by TH = me + 0.10 - 2w. Expected ination is given by me = (1 - 9)rr_+ 9111.1 where 9 is assumed to be one. Suppose that the rate of unemployment is initially equal to the natural rate. In year t, 'th.1 is assumed to be 1% and the authorities decide to bring the unemployment rate down to 2% and hold it there forever. What is the ination rate at t+ 3? O a, 37% O b. 28% O c' 45% Q d. 13% 0 (.3, All of the answers here are incorrect