Suppose the government misjudges the "NATURAL RATE OF UNEMPLOYMENT" or as the book refers to it" NAIRU" .If the government misjudges the NAIRU and figures it to be much lower than it actually is.As a result of this misjudgment, it undertakes expansionary fiscal and monetary policies to try to achieve the lower rate.

Use the concept of aShort Run Phillips Curveto explain WHY these policiesmight at first succeed