In 2008, the Dollar Appreciated Relative to the Euro

Multiple Choice

In 2008, the dollar appreciated relative to the euro. This appreciation caused __________and a__________

A) an increase in U.S. exports to Europe; movement up along the U.S. aggregate demand curve
B) a decrease in U.S. exports to Europe; leftward shift in the U.S. aggregate demand curve
C) a decrease in U.S. exports to Europe; a movement up along the U.S. aggregate demand curve
D) a movement up along the U.S. aggregate demand curve; decrease in U.S. exports to Europe