A decrease the Price of foreign oil ?

A. Shifts the short run Phillips curve upward and makes the Unemployment inflation trade off more favorable

B. Shifts the short-run Phillips curve downward and make the unemployment inflation trade-off less favorable

C. Shifts the short run Phillips curve downward and makes the unemployment inflation trade off more favorable

D. Shifts the short run Phillips curve upward and makes the unemployment inflation trade-off more favorable

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.