Question: Actual inflation can be calculated using three components. Use the following notation to identify the correct equation. pi Superscript Upper Y Output-gap inflation Upper Deltaw

Actual inflation can be calculated using three components. Use the following notation to identify the correct equation. pi Superscript Upper Y Output-gap inflation Upper Deltaw Change in nominal wages pi Superscript Upper E Expected inflation pi Actual inflation pi Superscript Upper S Supply-shock inflation

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