... purchases A unit increase in money supply lowers the rate of unemployment by percentage point On the other hand, it raises the rate M Carlberg, Monetary and Fiscal Strategies in the World Economy, DOI ... points On the other hand, it raises the rate of inflation by αε percentage points A unit increase in government purchases lowers the rate of unemployment by β percentage points On the other hand, ... hand, it raises the rate of inflation by αε percentage points A unit increase in government purchases lowers the rate of unemployment by β M Carlberg, Monetary and Fiscal Strategies in the World...