From 2009 to 2012
A) The Beveridge curve became flat.
B) The Beveridge curve shifted to the right.
C) The Beveridge curve cannot be discerned in the data.
D) The Beveridge curve shifted to the left.

Question

Quizplus · Accepted Answer

The Beveridge curve shifted to the right during this period, indicating higher unemployment rates for given levels of job vacancies, often attributed to structural changes in the labor market following the Great Recession.