Which factor would cause the long-run Phillips curve to shift rightward?

Choose the correct answer

Explanation

The long-run Phillips curve shifts to the right when there is an increase in structural unemployment factors, such as a higher minimum wage, which raises the natural rate of unemployment. Changes in expected inflation or aggregate demand affect the short-run Phillips curve but do not shift the long-run curve.

Which factor would cause the long-run Phillips curve… — The Phillips Curve | PakQuizHub