In the Long Run, the Phillips Curve Is a ________

Multiple Choice

In the long run, the Phillips curve is a ________ at ________.

A) horizontal line; 0% inflation
B) negatively sloped line; the intersection of aggregate demand and short-run aggregate supply
C) vertical line; the natural rate of unemployment
D) vertical line; the expected rate of inflation
E) positively sloped line; the current rate of GDP growth