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Refer to the Following Figure When Answering

Question 127

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Refer to the following figure when answering
Figure 12.5: Phillips Curve 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 decrease in oil prices will move the economy from: A) point c to b B) point c to a C) point a to b D) point b to c E) Not enough information is given.
-Starting from any point in the Phillips curve in Figure 12.5, an unexpected decrease in oil prices will move the economy from:


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

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