Any Policy Change That Reduced the Natural Rate of Unemployment

question 13

Multiple Choice

Any policy change that reduced the natural rate of unemployment

• A)would shift the long-run Phillips curve to the right.
• B)would shift the long-run aggregate-supply curve to the right.
• C)would be a policy change that impeded the functioning of the labor market.
• D)All of the above are correct.

---

Definitions:

Family Life Cycle

The series of stages through which a family progresses over time, including birth, marriage, parenting, and aging.

Launching Children

The process of preparing and supporting children to leave home and function independently as adults.

Same-sex

Pertains to relationships or attractions between individuals of the same gender.

Cohabiting

The act of living together in a domestic partnership without being legally married.