Refer to the Diagram $\mathrm { PC } _ { 1 } .$

Multiple Choice

Refer to the diagram. Point b would not be permanent because the

A) economy would move from b to a on PC $\mathrm { PC } _ { 1 } .$
B) short-run Phillips Curve would shift from PC $\mathrm { PC } _ { 1 } \text { to } \mathrm { PC } _ { 2 }$ and unemployment would increase to
The natural rate at c.
C) economy would immediately move from b to c to d.
D) economy would move from b directly to d.