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Looking to understand how to solve this question? In 2019, the inflation rate was two percent, the output gap was two percent, there were no

Looking to understand how to solve this question?

In 2019, the inflation rate was two percent, the output gap was two percent, there were no random shocks and the value of = 1. The inflation rate in 2020 should be _____ percent.

a-4

b-5

c-3

d-2

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