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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 22: The Short Run Trade Off Between Inflation and Unemployment: Shifts in the Phillips Curve the Role of Expectations
  5. Question
    Any Policy Change That Reduced the Natural Rate of Unemployment
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Any Policy Change That Reduced the Natural Rate of Unemployment

Question 13

Question 13

Multiple Choice

Any policy change that reduced the natural rate of unemployment


A) would shift the long-run Phillips curve to the right.
B) would shift the long-run aggregate-supply curve to the right.
C) would be a policy change that impeded the functioning of the labor market.
D) All of the above are correct.

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