Under the current managed float exchange rate regime; countries with surpluses in their balance of payments frequently do not want to see their currencies appreciate because it makes their goods ________ expensive abroad and foreign goods ________ in

The discovery and dissemination of a new cost-saving technology

a. is an example of a positive demand shock b. would cause the long-run AS curve to shift leftward, thereby increasing both output and the price level c. would increase firms' unit costs d. would lead to an increase in output and a decrease in the price level e. is an example of a negative supply shock

The government's fiscal policy is its plan to influence aggregate demand by changing

a. the money supply. b. minimum wage levels. c. sales taxes. d. taxation and spending.