1. Suppose a foreign country imposes a tariff on our exported goods. a. Demonstrates what happens using the ADAS model. curve shifts to the The price level and b. In the short run. The output c. Demonstrate what happens in the long run using the ADAS model. curve shifts to the The price level and d. In the short run. The output e. Now suppose the federal government and the Federal Reserve takes action to mitigate the effects of the shift. The Government spending and taxes. The Federal Reserve the money supply and the federal funds rat f. Demonstrate the effects of the policy