If the Fed tries to lower the unemployment rate so it is lower than the natural unemployment rate, in the short run before the expected inflation rate changes, the SRPC ________ and the LRPC ________

A) shifts downward; shifts leftward
B) shifts downward; does not change
C) does not change; shifts rightward
D) shifts upward; does not change
E) does not change; does not change

E

Economics

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