Suppose that commodity prices across the economy begin to fall and consumers and firms begin to expect a lower rate of future inflation. What do we expect to happen to the SRAS curve and short-run Phillips curve? A. The SRAS curve will shift to the left, and the short-run Phillips curve will shift downward. B. The SRAS curve will shift to the right, and the short-run Phillips curve will shift downward. C. The SRAS curve will shift to the left, and the short-run Phillips curve will shift upward. D. The SRAS curve will shift to the right, and the short-run Phillips curve will shift upward. E. The LRAS curve will shift to the right, and the short-run Phillips curve will shift upward
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