The value of exports minus the value of imports in a period is called the:

The Fed is concerned about inflation. Its policy will ________ U.S. short-term interest rates and, in the foreign exchange market, lead to the value of the U.S. dollar ________

A) lower; rising B) lower; not changing C) raise; rising D) lower; falling E) raise; not changing

Expansionary monetary policy causes a ________ the MP curve and a ________ the aggregate demand curve

A) movement to the right along; shift to the right of B) downward shift of; shift to the right of C) movement to the left along; movement down along D) upward shift of; shift to the right of