7. According to the IS/LM model, how would the following shocks affect a nation's real aggregate income (Y) and real interest rates (r) in the short run, all else equal? For each shock, make a prediction (up, down, or no change) for both variables, and illustrate your predictions with an IS/LM diagram. a. Income taxes are reduced Of FIU Econo open b. The nominal money supply decreases c. The expected rate of inflation increases 10 Economics Property of Flu Eco d. The aggregate supply of labor decreases