In the Short Run,as Output Rises Above Potential ________

Multiple Choice

In the short run,as output rises above potential ________.

A) inflation will fall from its current level which explains the upward-sloping nature of the Phillips curve
B) inflation will rise from its current level which explains the upward-sloping nature of the aggregate supply curve
C) unemployment will rise above the natural rate which explains the upward-sloping nature of both the Phillips curve and the AS curve
D) all of the above
E) none of the above