The employment insurance has increased the size of the benefit to unemployed.This will cause
A) the natural rate of unemployment to increase and the Phillips curve to shift left.
B) the expected inflation to increase and the Phillips curve to shift left.
C) the natural rate of unemployment to increase and the Phillips curve to shift right.
D) the expected inflation to decrease and the Phillips curve to shift left.
Correct Answer:
Verified
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A)the use
Q6: According to the expectations-augmented Phillips curve,
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