A) a Movement From $x _ { 1 }$ To $x _ { 2 }$

Multiple Choice

A) a movement from $x _ { 1 }$ to $x _ { 2 }$ in the short run, and the unemployment rate decreases, followed by a shift from $x _ { 2 }$ to $y _ { 1 }$ as nominal wages rise in the long run.
B) a movement from $x _ { 1 }$ to $x _ { 3 }$ in the short run, and the unemployment rate decreases, followed by a shift from $x _ { 3 }$ to $x _ { 1 }$ as output rises in the long run.
C) $$\text { a movement from } x _ { 1 } \text { to } y _ { 1 } \text { in the short run and back to } x _ { 1 } \text { in the long run. }$$
D) $$\text { no change in the short run, but a shift from } x _ { 1 } \text { to } y _ { 1 } \text { in the long run. }$$