More Flexible Labor Markets Will Shift

question 78

Multiple Choice

More flexible labor markets will shift

• A)both the long-run Phillips curve and the long-run aggregate supply curve to the right.
• B)both the long-run Phillips curve and the long-run aggregate supply curve to the left.
• C)the long-run Phillips curve to the right and the long-run aggregate supply curve to the left.
• D)the long-run Phillips curve to the left and the long-run aggregate supply curve to the right.

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Definitions:

Fears

Unpleasant emotions or feelings caused by the belief that someone or something is dangerous, likely to cause pain, or a threat.

Manipulated

The act of being controlled or influenced in a deceptive or unethical way, often for another's advantage.

Discontinue

The act of ending or stopping something, such as a service, treatment, or product line.

Refer

The act of directing someone to a different source of help or information, usually because it is outside the referrer's scope of expertise or practice.