Solved: Calculate the twelve-month percentage increase in the cpi, Microeconomics

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Calculate the twelve-month percentage increase in the cpi

Problem

Calculate the 12-month percentage increase in the consumer price index (CPI), and plot this, along with the unemployment rate. Do you observe a positive correlation, a negative correlation, or a correlation that is essentially zero? Can you find a Phillips curve relation or a reverse Phillips curve?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Calculate the twelve-month percentage increase in the cpi

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