Multiple Choice
In the long run, the Phillips curve will be vertical at the natural rate of unemployment if
A) the long-run aggregate demand curve is vertical at potential output.
B) the long-run aggregate demand curve is horizontal at the natural rate of inflation.
C) the long-run aggregate supply curve is vertical at potential output.
D) the long-run supply curve is horizontal at the natural rate of inflation.
Correct Answer:

Verified
Correct Answer:
Verified
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