The natural rate hypothesis concludes that when the inflation rate increases,then,in the long run,there is
A) no change at all in the short-run Phillips curve.
B) an upward shift of the short-run Phillips curve.
C) a downward movement along the short-run Phillips curve.
D) an upward movement along the short-run Phillips curve.
E) a downward shift of the short-run Phillips curve.
Correct Answer:
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