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Based on the model of the Phillips curve derived in class, the natural rate of unemployment will decline if: a. Unemployment benefits were to be

Based on the model of the Phillips curve derived in class, the natural rate of unemployment will decline if: a. Unemployment benefits were to be increased to give the unemployed more time to look for employment b. Competition in the market for goods and services were to increase c. Union power was to increase d. The Beveridge curve was to shift out

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