In recent years the United States has run persistent deficits in its balance on the current account

During 2008, oil price increases

A) did not shift the short-run aggregate supply curve as far to the left as similar increases had 30 years earlier. B) shifted the short-run aggregate supply curve farther to the left than similar increases had 30 years earlier. C) shifted the aggregate demand curve farther to the left than similar increases had 30 years earlier. D) shifted the aggregate demand curve farther to the right than similar increases had 30 years earlier.

The Federal Reserve System was created in

A) 1836. B) 1863. C) 1913. D) 1945.