Q
A decrease the Price of foreign oil ?
-
A
A. Shifts the short-run phillips curve downward and make the unemployment inflation trade-off less favorable
-
B
B. Shifts the short run phillips curve upward and makes the unemployment inflation trade-off more favorable
-
C
C. Shifts the short run phillips curve upward and makes the unemployment inflation trade off more favorable
-
D
D. Shifts the short run phillips curve downward and makes the unemployment inflation trade off more favorable
Correct Answer:
D. D. Shifts the short run phillips curve downward and makes the unemployment inflation trade off more favorable