All points on the long run Phillips curve that are sustainable in the long run due to economy's self correcting mechanism correspond to

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The long run Phillips curve shows the relationship between inflation and unemployment in the long run, assuming that all temporary factors have dissipated. In the long run, the economy self-corrects to the natural rate of unemployment, which is also known as the equilibrium rate of unemployment. This is the rate of unemployment consistent with a stable rate of inflation and is sustainable in the long run. Thus, all points on the long run Phillips curve that are sustainable in the long run due to the economy's self-correcting mechanism correspond to the natural rate of unemployment.

All Points on the Long Run Phillips Curve That Are