According to the interpretation of the Phillips curve in the 1960s, what effect would policies aimed at reducing unemployment typically have on inflation?

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Reducing unemployment would generally cause a decrease in inflation.Decreasing unemployment would usually lead to an increase in inflation.Increasing inflation would typically result in higher unemployment.Lowering inflation would commonly cause unemployment to rise.None of the above.

Explanation

During the 1960s, the Phillips curve suggested an inverse relationship between unemployment and inflation. Specifically, efforts to reduce unemployment were believed to cause inflation to rise, as lower unemployment put upward pressure on wages and prices.