We can derive in upward sloping SHAS using the vicky prices model of the imperfect information model. Briefly explain the intuition of one of dem. (7 poles) Now support the cooncary his the given equities for he Fillipi cune (ICE "- Ex -(u -v"). where u" b equal to 6 funt prevent, some below ) People form cipectatic s of inflation by infusion: h. With one is being used here, loptive expectation or rational expectation! Explain. c. Suppose thee coosorry it is the long run equilibrium prior to Year I, shore inflation in stabilised at 1 (percent) Is Year I, stimulus policy is med to bover wemploymal rate by 3 (peroen Draw the Fillipa curve for Year I, and Libel de point we Year 1 as point A, and Libel the point reporenting the moonon