According to the equation for the Phillips curve,if nominal wages and labor productivity both rise by 3%:

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According to the Phillips curve, there is an inverse relationship between unemployment and inflation. If nominal wages and labor productivity both rise by 3%, it would lead to an increase in aggregate supply, which would result in a decrease in the price level and inflation. However, there would be no change in the level of unemployment as it is determined by structural and frictional factors in the long run. Hence, the economy would be operating at its natural rate of unemployment.

According to the Equation for the Phillips Curve,if Nominal Wages