Draw a graph with the inflation rate on the Y (vertical) axis and unemployment rate on...

Draw a graph with the inflation rate on the Y (vertical) axis and unemployment rate on the X (horizontal) axis. Plot the points to illustrate the following scenario: The inflation rate is 5%, and the unemployment rate is 4% (Point A). The government takes measures to reduce inflation to 2%, and the unemployment rate rises to 7% (Point B).

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Rahul Sunny answered 1 year ago

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