Hartz IV, the last phase of Germany's labor market reform, resulted in a significant cut in the unemployment benefits for the long-term unemployed. This policy change was credited for (A) having reduced the unemployment rate, with no effect on the employ- ment rate (B) having reduced the long-term unemployment rate, with no effect on other indicators (C) having reduced the unemployment rate at the cost of lower employment rate (D) having reduced the unemployment rate and having increased the em- ployment rate