Question: Using appropriate reference and data sources, analyze whether RBNZ should go for an OCR increase within a month, and what would be the short term

Using appropriate reference and data sources, analyze whether RBNZ should go for an OCR increase within a month, and what would be the short term implications of this decision on output, inflation and unemployment. You should apply the knowledge of RBNZ monetary policy and Phillips curve and explain answer through use of graphs.

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