What if you confine attention to particular sub-periods


Problem

Plot the difference between the unemployment rate and the natural rate of unemployment (short term), and the inflation rate. Do you observe a Phillips curve relation in the data? What if you confine attention to particular sub-periods? Discuss.

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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Macroeconomics: What if you confine attention to particular sub-periods
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