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Blackboard X X U Remaining Time: 32 minutes, 08 seconds. Question Completion Status: QUESTION 7 Figure 15-13 Price level LRAS, LRAS, SRAS, SRAS , 104

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Blackboard X X U Remaining Time: 32 minutes, 08 seconds. Question Completion Status: QUESTION 7 Figure 15-13 Price level LRAS, LRAS, SRAS, SRAS , 104 100 A AD2 AD , 14 15 15.5 Real GDP Refer to Figure 15-13. In the figure above, if the economy in Year 1 is at point A and is expected in Year 2 to be at point B, then the appropriate monetary policy by the Federal Reserve would be to raise income taxes. O raise interest rates. O lower interest rates. lower income taxes. Save Click Save and Submit to save and submit. Click Save All Answers to save all answers. PrtScn Home En F9 O- DI X F8 FO F3 F4 F2 @ 9 5 6 N

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