Suppose that the government institutes a program to unemployed workers learn new skills, find new jobs, and relocate as necessary to take the new jobs. a. if this program reduces structural unemployment, what is the effect on the short-run phillips curve and the long-run phillips curve?

Answer and Explanation:

From the following given case or scenario , we can state that if this particular program reduced the structural unemployment, then this program would have shifted the Phillips curve irrespective of the fact whether it was short run or long run to the left. The program started in order to help the unemployed worker .

the technology changed agriculture in an impacting manner since many people left the field work by a cellular or other technological appliances