How can policy makers get the inflation rate down, Macroeconomics

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How can policy makers get the inflation rate down

Problem

Long-Run Phillips Curve Suppose the economy is at point d on the long-run Phillips curve shown. If that inflation rate is unacceptably high, how can policy makers get the inflation rate down? Would rational expectations help or hinder their efforts?

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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Macroeconomics: How can policy makers get the inflation rate down

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