Which of the following statements best describes the relationship between the Long Run Phillips Curve and the natural rate of unemployment in the context of economic equilibrium?

The Long Run Phillips Curve shows that in the long run, there is no trade-off between inflation and unemployment. This means that the economy will eventually return to a natural rate of unemployment, which is the level of unemployment that happens when the economy is healthy and balanced. In this context, if the unemployment rate falls below this natural rate, inflation will rise, and if unemployment is above it, inflation will fall. For example, if a government uses policies to reduce unemployment too much, it might lead to higher prices, showing that the economy cannot sustain low unemployment forever without causing inflation. Therefore, the Long Run Phillips Curve represents the idea that in the long run, the economy stabilizes at the natural rate of unemployment, regardless of inflation rates.