

MCQOPTIONS
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1. |
A decrease the Price of foreign oil ? |
A. | Shifts the short-run Phillips curve downward and make the unemployment inflation trade-off less favorable |
B. | Shifts the short run Phillips curve upward and makes the unemployment inflation trade-off more favorable |
C. | Shifts the short run Phillips curve upward and makes the Unemployment inflation trade off more favorable |
D. | Shifts the short run Phillips curve downward and makes the unemployment inflation trade off more favorable |
Answer» E. | |