a. In the national economy of Vegopa described in the graph above, is an expansion in money supply or government expenditures preferable to especially stimulate investment expenditures rather than consumption spending? Explain your answer by considering the IS relation. b. In this economy, if the reserve ratio policy is used, should the Vegopa'n central bank increase or decrease the reserve ratio? Explain? Do you think that this policy would undoubtedly generate its expected outcomes? Why? c. If the Vegopan economy is also experiencing the situation described in the table below, how would monetary and fiscal policies affect the economy? Explain your answer for each policy separately. What would be the right policy option under such conditions? Country Vegopa nominal policy interest rate 0 expected inflation -2 real policy interest rate 2 d. Based on our lectures, name the 3 indicators used to measure social well-being in a country as an alternative to the GDP per capita indicator. Would it be possible to use fiscal policy in the Vegopan economy by simultaneously increasing private investment expenditures and well-being measured by those alternative indicators? Explain how? ,SI LM IS