Suppose that the Phillips curve is given by 111: me + 0.14 - 2ut and expected ination is given by rite = 111.1. Suppose that the rate of unemployment is initially equal to the natural rate. In year t, 111.1 is assumed to be 2% and the authorities decide to bring the unemployment rate down to 5% and hold it there forever. What is the ination rate at t + 3? O a. 10% O b. 6% O c, 22% Q d. All of the answers here are incorrect 0 e, 13%