During 2014 Some Fed Officials Discussed The Possibility Of Increasing

During 2014, some Fed officials discussed the possibility of increasing interest rates as a way of fighting potential increases in expected inflation. If the public came to expect higher inflation rates in the future, what would be the effect on the short-run aggregate supply curve? Use an aggregate demand and supply graph to illustrate your answer.

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During 2014 Some Fed Officials Discussed The Possibility Of Increasing
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