The accompanying graph depicts the Short-Run Phillips Curve (SRPC) when the public expects no inflation in the economy. a. According to this SRPC, what would inflation be if unemployment is 1%? SRPC W % Inflation rate (7%) 0 b. Please move the SRPC line to reflect what would happen if -1 the public's inflation expectations increased so that they now expect the inflation rate to increase by 2%. -2 -3 c. If the unemployment rate is still 1%, what is the new 1 2 3 4 5 6 7 8 9 10 inflation rate after this change in expectations? Unemployment rate (%) %