2. What does this tell us about the current level of output and unemployment? (Previous to the implementation of the fiscal policy) Current Level of Output Is (A)Lower than full employment output (B) Higher than the full employment output (C) Lower than full employment output (D) Higher than the natural rate of unemployment (E) Equal to the full employment output Current Level of Unemployment Is Lower than the natural rate of unemployment Lower than the natural rate of unemployment Higher than the natural rate of unemployment Higher than the natural rate of unemployment Higher than the natural rate of unemployment