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In which of the following situations would the Fed conduct contractionary monetary policy?

A) The Fed is worried that deflation will become a problem. B) The Fed fears that unemployment is climbing above the natural rate. C) The Fed believes that aggregate demand was growing too slowly to keep up with potential GDP. D) The Fed is concerned that aggregate demand would continue to exceed the growth in potential GDP.

If more foreign plastic plants relocate to the United States, we would expect

A. the U.S. supply curve for plastic to shift to the right. B. the U.S. supply curve for plastic would shift to the left. C. that U.S. plastic demand might change, but U.S. plastic supply would remain the same. D. that the U.S. plastic market would not respond.