If the Natural Unemployment Rate Rises

Multiple Choice

If the natural unemployment rate rises

A) the long- run Phillips curve shifts rightward and the short- run Phillips curve does not change.
B) the short- run and long- run Phillips curves both shift rightward.
C) the short- run and long- run Phillips curves both shift leftward.
D) the long- run Phillips curve shifts leftward and the short- run Phillips curve does not change.
E) the short- run Phillips curve shifts rightward and the long- run Phillips curve does not change.