TRUE/FALSE.Write 'T' if the statement is true and 'F' if the statement is false.

1) A rise in the dollar price of the Chinese yuan signals an appreciation of the yuan and a depreciation of the dollar.

1) ______

2) An increase in the price level in the United States will reduce exports and increase imports.

2) ______

3) Expansionary Fiscal Policy involves raises taxes and cutting government spending.

3) ______

4) The Fed can use contractionary monetary policy in an attempt to keep inflation from increasing.

4) ______

5) Jerome Powell is the current Chair of the Federal Reserve.

5) ______