Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions :
Exhibit: AD-AS Shifts

-(Exhibit: Short-run Phillips Curve) As the short-run Phillips curve shifts from A to B to C to D:

A) the expected rate of inflation is unchanged at every level of unemployment.
B) there is a lower-expected rate of inflation at every level of unemployment.
C) there is a higher-expected rate of inflation for every level of unemployment.
D) the natural rate of unemployment falls.