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The Figure Given Below Shows the Phillips Curves of the U.S

question 31

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The figure given below shows the Phillips curves of the U.S. economy during early 1960s to late 1970s.?Figure 14.2
The figure given below shows the Phillips curves of the U.S. economy during early 1960s to late 1970s.?Figure 14.2    -Refer to Figure 14.2. If the natural rate of unemployment is 5 percent, which of the following would cause a movement along Phillips curve III from point A to point B? A)  An inward shift of the aggregate demand curve B)  An outward shift of the aggregate demand curve C)  A downward movement along the aggregate supply curve D)  A downward movement along the aggregate demand curve E)  An upward movement along the aggregate demand curve
-Refer to Figure 14.2. If the natural rate of unemployment is 5 percent, which of the following would cause a movement along Phillips curve III from point A to point B?


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