(Solved): According to the accelerationist Phillips Curve, we have that ... Actual infl ...

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According to the accelerationist Phillips Curve, we have that ... Actual inflation does not depend on expected inflation The Central Bank has an incentive to deviate from the inflation target under adaptive expectations An unanticipated increase in inflation will be associated with a lower unemployment rate Inflation and unemployment can be traded off against each other if expectations are anchored in the medium run