Rising prices of resources leads to inefficient resource use by industry.

If countries that imported goods and services from the United States recovered from recession, we would expect that U.S. net exports would

a) fall, making aggregate-demand curve shift to the right. b) rise, making aggregate-demand curve shift to the left. c) rise, making aggregate-demand curve shift to the right. d) fall, making aggregate-demand curve shift to the left.

During the second half of the 19th century, the United States

A. was a net creditor nation. B. had a surplus in its current account. C. borrowed heavily from European nations to acquire capital in order to industrialize. D. borrowed heavily from European nations to purchase consumer goods.