When inflation expectations changed during

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When inflation expectations changed during the 1967-1971 period, this change led to

A) an increase in the natural unemployment rate.

B) the short-run and the long-run Phillips curve both shifting upward.

C) the long-run Phillips curve shifting leftward.

D) the long-run Phillips curve shifting rightward.

E) the short-run Phillips curve shifting upward

Reference no: EM131101642

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