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Use this information to answer the next 3 questions. In the Phillips curve model, you know that B = 0.25 and supply shocks are equal to zero. You also know that the inflation rate in the previous period was 7T-1 = 2.2%. Question 13 (1 point) According to this Phillips curve model, if the inflation rate is currently equal to 1.8% then cyclical unemployment in this economy is % (Enter Z% as Z; if needed, round your answer to two decimal places and use the "." sign if your answer is a negative number.) Your Answer: Answer Question 14 (1 point) According to this Phillips curve model, what change in unemployment will the central bank be able to obtain if they increase the inflation rate from 1.8% to 2.3% and both expected inflation and the natural rate of unemployment remain unchanged? A decrease in unemployment by 3 percentage points. A decrease in unemployment by 2 percentage points. An increase in unemployment by 1 percentage point. An increase in unemployment by 0.5 percentage points. Question 15 (1 point) Assume now that expectations are formed according to the following rule: E (T) = 0.55 +0.57-1 where it is the current inflation rate while 7-1 is the inflation rate in the previous period. According to this Phillips curve model, if the inflation rate is currently equal to 1.8% then cyclical unemployment in this economy is _____ % (Enter 2% as Z; if needed, round your answer to two decimal places and use the "-" sign if your answer is a negative number.) Your