If the level of unemployment is above the natural rate of ...

[ashley]

If the level of unemployment is above the natural rate of unemployment, it would be expected that:
 a. the short-run Phillips curve will shift leftward, as inflationary expectations adjust.
  b. the inflation rate will increase.
 c. the short-run Phillips curve will shift rightward, as inflationary expectations adjust.
  d. both b. and c.

Question 2

Which of the following multinational agreements allows the international movement of workers?
 a. NATO
  b. The European Union
  c. The group of G-8
  d. NAFTA
  e. The United Nations Accords

[Eunice618]

Answer to Question 1

a

Answer to Question 2

b