Multiple Choice
A policy that raised the natural rate of unemployment would shift
A) both the short-run and the long-run Phillips curves to the right.
B) the short-run Phillips curve right but leave the long-run Phillips curve unchanged.
C) the long-run Phillips curve right but leave the short-run Phillips curve unchanged.
D) neither the long-run Phillips curve nor the short-run Phillips curve right.
Correct Answer:
Verified
Correct Answer:
Verified
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Q113: Figure 35-6<br>Use the graph below to answer
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