How can monetary policy maintain economy at full employment, Macroeconomics

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How can monetary policy maintain economy at full employment

Problem

Suppose people expect higher inflation in the future. What are the short-run effects of this change in expectations on unemployment and actual inflation? How can monetary policy maintain the economy at full employment? If policy succeeds in maintaining full employment, what happens to inflation?

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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