Stock prices are determined by only past performance

Workers expect inflation to fall from 4% to 1% next year. As a result, this should

A) shift the short-run aggregate supply curve to the right. B) move the economy down along a stationary short-run aggregate supply curve. C) move the economy up along a stationary short-run aggregate supply curve. D) shift the short-run aggregate supply curve to the left.

American farmers who sell beef to Europe benefit most from

A) a decrease in the dollar price of euros. B) an increase in the dollar price of euros. C) a constant dollar price for euros. D) a European ban on imports of American beef.