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please answer with work Consider the following Phillips Curve: t=(1)+t1+(m+z)ut=2%,m+z=5%,=1.67 In 2022 , the unemployment rate was 3%, and the inflation rate was 6%. You
please answer with work
Consider the following Phillips Curve: t=(1)+t1+(m+z)ut=2%,m+z=5%,=1.67 In 2022 , the unemployment rate was 3%, and the inflation rate was 6%. You are an employed worker who wants to ask for a raise to keep their purchasing power constant in 2023. What raise (in \%) would you request to your employer if a) Expectations are fully anchored, and the unemployment rate is constant between 2022 and 2023 [5 points] b)] Expectations are fully de-anchored, and the unemployment rate is constant between 2022 and 2023 [5 points] c) Expectations are fully anchored, and the unemployment rate drops to 2% in 2023 [ 5 points] d) Expectations are fully de-anchored, and the unemployment rate drops to 2% in 2023 [5 points] Step by Step Solution
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