Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

According to Country A's Phillips curve, the sum of inflation and unemployment rates remains constant at some particular level. Last year, the unemployment rate in Country A was 8%
, while the difference between the unemployment rate and the inflation rate was 1
percentage point. This year, the government decides to decrease the unemployment rate by 2.5
percentage points. Calculate this year's inflation rate based on the Phillips curve.