If the value of the U.S. dollar changes from 1.4 euros to 1.2 euros, we would expect that the United States would experience a ________ in exports and a ________ in imports

An increase in the price level shifts the aggregate planned expenditure curve downward and results in a movement along the aggregate demand curve

Why does an increase in the price level result in a shift in the aggregate planned expenditure curve rather than a movement along it?

When the Social Security Act was passed by Congress it was initially intended only to provide full-retirement income for citizens

Indicate whether the statement is true or false