Only Federal Reserve banks can issue paper currency in the United States, and their power to do so is virtually unlimited

In the fooling model's AD/SAS/LAS diagram, short-run equilibria to the right of the LAS curve require the price level to be

A) above what workers expect. B) above what firms expect. C) below what workers expect. D) below what firms expect.

It is often asserted that the United States no longer manufactures anything, and that instead it imports manufactured goods from countries like China. Critically evaluate this claim