Multiple Choice
Use the following Phillips curve equation to answer this question: nt - nt- 1 = (m + z) - aut. Which of the following will cause a decrease in the natural rate of unemployment?
A) A decrease in m.
B) A decrease in expected inflation.
C) An increase in z.
D) A decrease in actual inflation.
E) A decrease in a.
Correct Answer:
Verified
Correct Answer:
Verified
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