Any Policy Change That Reduced the Natural Rate of Unemployment

question 145

Multiple Choice

Any policy change that reduced the natural rate of unemployment would

• A)shift the long-run Phillips curve to the left.
• B)shift the long-run aggregate-supply curve to the right.
• C)improve the functioning of the labor market.
• D)All of the above are correct.

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Evaluate

To determine the value of an expression by computing its numerical value.

Calculate

Perform mathematical operations to find a numerical answer.

Solve

Refers to finding the answer or explanation for a problem or equation.

Evaluate

The process of calculating the value of an expression.