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Exhibit: AD-AS Shifts 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
-(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

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