Consider the following Phillips curve diagram: 
For the case where the economy is at Point A,Point B,or Point C,explain:
(a)whether actual inflation is above or below expected inflation (What is each exactly?)
(b)the likely shift in the short-run Phillips curve
(c)the likely change in unemployment
Definitions:
Emotions
Complex psychophysiological experiences reflected in psychological states, behavioral responses, and physiological changes.
Introvert
A person who prefers solitary activities and focuses on their own thoughts and feelings rather than seeking external stimulation.
Extravert
An individual who is outgoing, sociable, and derives energy from interactions with others, as opposed to solitude.
Emotional Responsiveness
The degree to which an individual responds to emotional stimuli or situations in their environment.
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