3. What impact would a negative supply shock have on the Phillips curve? (A) It would cause the SRPC to shift to the left as both inflation and unemployment fall. (B) It would cause the SRPC to shift to the right as both inflation and unemployment rise. (C) It would cause movement upward along the SRPC as inflation rises and unemployment falls. (D) It would cause movement downward along the SRPC as inflation falls and unemployment rises. (E) It would have no measurable impact on the SRPC.