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A policy change that reduced the natural rate of unemployment would shift both the long-run aggregate-supply curve and the long-run Phillips curve left.
Redundant Part
A backup component or section in machinery, systems, or products, designed to take over in case the primary part fails.
Reliability
Reliability describes the ability of a system or component to perform its required functions under stated conditions for a specified period.
Parallel
An approach or system configuration where tasks or processes are run simultaneously, often to increase efficiency or throughput.
Series
A sequence of data points or elements that follow a particular order, often used in statistics, mathematics, and various scientific disciplines to analyze trends or patterns.
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