Question: please answer Question 5 [10] According to the Phillips curve, there is an inverse relationship between inflation and unemployment. It is possible for policymakers to

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Question 5 [10] According to the Phillips curve, there is an inverse relationship between inflation and unemployment. It is possible for policymakers to \"buy\" lower unemployment by allowing higher inflation. Using a Phillips curve. illustrate and explain how nationwide rioting and looting will impact the economy and why this supply shock has implications tor policymakers

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