Suppose a policy affects the natural rate of unemployment. Which of the following does such a policy change?
A) neither the long-run Phillips curve nor the long-run aggregate supply curve
B) both the long-run Phillips curve and the long-run aggregate supply curve
C) the long-run Phillips curve, but not the long-run aggregate supply curve
D) the long-run aggregate supply curve, but not the long-run Phillips curve
Correct Answer:
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Q62: Suppose the long-run Phillips curve shifts to
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