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Economics
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Economics
A decrease the Price of foreign oil ?
A
Shifts the short-run Phillips curve downward and make the unemployment inflation trade-off less favorable
Option A
B
Shifts the short run Phillips curve upward and makes the unemployment inflation trade-off more favorable
Option B
C
Shifts the short run Phillips curve upward and makes the Unemployment inflation trade off more favorable
Option C
Shifts the short run Phillips curve downward and makes the unemployment inflation trade off more favorable
Correct answer
Correct answer: D
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