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    Macroeconomics Study Set 38
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    Exam 12: Monetary Policy and the Phillips Curve
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    If the Price of Oil Unexpectedly Rises, the Phillips Curve
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If the Price of Oil Unexpectedly Rises, the Phillips Curve

Question 85

Question 85

True/False

If the price of oil unexpectedly rises, the Phillips curve shifts down and to the right.

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