needed the answer to this question

4. [Total points: 13] A central bank has the following loss function: L = (n - ye)2 + We - n52 Use the information in this chapter to answer the following questions: (a) What can we interpret about the central bank's preferences from this loss function as mentioned in the above equation? (3 points) (b) Briey expllin how this loss lnction compares to the standard loss function and a loss function with yr > ye. (3 points) (c) Find the ination bias for a central bank with the loss function mentioned above. (4 points)