A Policy Change That Changes the Natural Rate of Unemployment

question 115

Multiple Choice

A policy change that changes the natural rate of unemployment changes

• A)neither the long-run Phillips curve nor the long-run aggregate supply curve.
• B)both the long-run Phillips curve and the long-run aggregate supply curve.
• C)the long-run Phillips curve,but not the long-run aggregate supply curve.
• D)the long-run aggregate supply curve,but not the long-run Phillips curve.

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Definitions:

Disruptive Selection

A type of natural selection that favors extreme values of a trait over intermediate values, leading to two or more contrasting phenotypes in the population.

Toxic Metals

Heavy metals and metalloids that are toxic to organisms, including mercury, lead, and arsenic, often contaminating the environment through industrial processes.

Wind Pollinated

Refers to plants that rely on wind to disperse their pollen as a means of fertilization, rather than depending on animals or insects.

Low Fitness

Refers to individuals having fewer offspring than average, contributing less genetic material to the next generation.