Refer to the graph above. Assume the economy is at the initial position of B₂. It is possible for the government to reduce the unemployment rate and move the economy to C₂ if: A) Expected inflation remains at 4% B) Expected inflation becomes 8% C) Actual inflation remains at 4% D) Actual inflation is at 12%

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The Answer of Refer to the graph above. Assume the economy is at the initial position of B₂. It is possible for the government to reduce the unemployment rate and move the economy to C₂ if: A) Expected inflation remains at 4% B) Expected inflation becomes 8% C) Actual inflation remains at 4% D) Actual inflation is at 12%

Refer to the Graph Above