The figure below plots real and potential GDP between 1971 and 1977.Given the data in the corresponding table,can changes in the rate of inflation over this period be explained by the percent deviation between real and potential GDP? Do these data support or refute the validity of the assumptions about the IA line? 
Definitions:
Self-Interest
The consideration of one's personal benefit or advantage, especially when pursued without regard to others.
Economic Duress
Involves a situation where a party is forced into an agreement through wrongful economic pressure or threats, compromising their free will.
Employment Contract
A formal agreement between an employer and an employee that outlines the terms of employment, including duties, salary, and duration.
Unemployed
Refers to individuals who are without a job but are available for and seeking employment.
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