At the natural rate of unemployment, the long-run Phillips curve has a(n)

Name: At the natural rate of unemployment, the long-run Phillips curve has a(n)
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At the natural rate of unemployment, the long-run Phillips curve is vertical because there is no trade-off between inflation and unemployment in the long run. This means that changes in inflation do not affect the unemployment rate in the long run, and the unemployment rate returns to its natural rate regardless of the level of inflation.

At the Natural Rate of Unemployment, the Long-Run Phillips Curve