The long-run Phillips curve is ____ at the ____?

A. vertical natural rate of inflation

B. horizontal natural rate of unemployment

C. vertical equilibrium rate of unemployment

D. horizontal, natural rate of inflation

Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.

Discuss the answer or suggest a sourced correction
Thank you for contributing.
Your comment was submitted and will appear after editorial review.

Your email is used only for moderation and is never displayed. Spam, copied material and fabricated endorsements are rejected.