If the Fed tries to prevent the U.S. dollar exchange rate from rising, the Fed ________ U.S. dollars, ________ foreign currency, and U.S. official reserves ________

If Eastland's consumer confidence rises, what would happen to macroeconomic equilibrium in the short-run if the short-run aggregate supply curve is upward sloping?

A) AD shifts right, aggregate output increases, and prices fall. B) AD shifts right, aggregate output increases, and prices rise. C) AD shifts left, aggregate output decreases, and prices fall. D) AD shifts left, aggregate output decreases, and prices rise.

Some examples of conventional types of fiscal policy actions are changes in government purchases or in personal taxes.

Answer the following statement true (T) or false (F)