Multiple Choice
If the expected inflation rate is unchanged,a fall in the natural rate of unemployment would
A) shift the short-run Phillips curve to the right.
B) not shift the short-run Phillips curve.
C) shift the short-run Phillips curve to the left.
D) shift the short-run Phillips curve to the left and shift the long-run Phillips curve to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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