If the long-run Phillips curve shifts to the right, for any given rate of money growth and inflation the economy will have a. higher unemployment and higher output. b. higher unemployment and lower output. c. lower unemployment and higher output. d. lower unemployment and lower output.

August 20, 2021/in Samples /by Frank Main

If the long-run Phillips curve shifts to the right, for any
given rate of money growth and inflation the economy will have

a. higher unemployment and higher output.

b. higher unemployment and lower output.

c. lower unemployment and higher output.

d. lower unemployment and lower output.