Mass production during U.S. industrialization involved using which of the following?

According to the theory of exchange-rate adjustments, a country with a current ________ is likely to experience a currency ________

A) deficit; depreciation B) surplus; depreciation C) deficit; appreciation D) surplus; devaluation

Suppose an increase in interest rates causes rising unemployment and falling output. To counter this, the Federal Reserve would

a. increase government spending. b. increase the money supply. c. decrease government spending. d. decrease the money supply.