2.1 \"Societies face tradeoffs between economic objectives, for example the goal of lower unemployment may conict with that of lower ination. This is an example of opportunity cost the cost of achieving one objective may be achieving less of another. This existence of trade- offs means that policy makers must make choices.\" In terms of the above statement, examine the ONE most relevant economic model to illustrate the trade-off between low ination rates and low unemployment rates. Apply the ONE most relevant diagram from below to your answer. (14) Full E m ployment Ination rate ('56) an! Inn-let new a: --v---- Unemployment rate ('56) Real cor DIAGRAM A DIAGRAM B