If the Natural Rate of Unemployment _____, the Nonaccelerating Inflation

question 129

Multiple Choice

If the natural rate of unemployment _____, the nonaccelerating inflation rate of unemployment _____, and the long-run Phillips curve shifts to the left.

• A) falls; falls
• B) rises; rises
• C) falls; rises
• D) rises; falls

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Definitions:

Job Rotation

A human resources strategy where employees are moved between various jobs at an organization to gain experience and skills across different roles.

Increasing Activities

Engaging more intensively or extensively in actions or tasks to achieve specific goals or outcomes.

Scientific Management

A management theory developed by Frederick Taylor that emphasizes efficiency and productivity through the scientific study of tasks and worker behavior.

Variety of Tasks

Variety of tasks refers to having a diverse range of different activities or duties within a job role, often contributing to increased satisfaction and engagement at work.