A Change in the Natural Unemployment Rate___________

question 35

Multiple Choice

A change in the natural unemployment rate___________ .

• A) causes a movement along the short-run Phillips curve
• B) shifts both the short-run and long-run Phillips curves
• C) shifts only the short-run Phillips curve
• D) shifts only the long-run Phillips curve

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Definitions:

Voting Rights Act

A landmark piece of federal legislation in the United States that was signed into law in 1965 to eliminate legal barriers at the state and local levels that prevented African Americans from exercising their right to vote.

Veto

The constitutional right to reject a decision or proposal made by a law-making body. It is often used by the president or head of state in many countries.

Richard Nixon

The 37th President of the United States (1969–1974), known for his foreign policy achievements and the Watergate scandal that led to his resignation.