Refer to the Following Figure When Answering

Multiple Choice

Refer to the following figure when answering
Figure 12.5: Phillips Curve
-Starting from any point in the Phillips curve in Figure 12.5, an unexpected increase in oil prices will move the economy from:

A) point a to b
B) point c to b
C) point a to c
D) point b to c
E) Not enough information is given.