Why policymaker want to drive unemployment below naturalrate


Problem

1. Explain why inflation accelerates if policymakers use monetary and fiscal policy to keep unemployment below the natural rate.

2. Why would policymakers want to drive unemployment below the natural rate, given that inflation will result?

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: Why policymaker want to drive unemployment below naturalrate
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