if-the-natural-rate-of-unemployment-increases-what-is-the-likely-impact-on-the-s

Question

If the natural rate of unemployment increases, what is the likely impact on the short run aggregate supply curve?

Accepted Answer

The SRAS curve will shift to the left due to reduced labor availability.

Answer

The SRAS curve will shift to the right due to increased labor efficiency.

Answer

The SRAS curve will become steeper.

Answer

The SRAS curve will remain unchanged as unemployment does not affect supply.