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Consider the following AS-AD diagram. Here, the economy is currently at point A where the inflation rate is ?1 and the output level isY1. The Reserve Bank's inflation target is-? and the potential output level is -Y. In this situation, there is ao policy trade-off and the Reserve Bank can/cannot both stabilise inflation and output.?

Choose correct answers from drop-down menus: Consider the following AS-AD diagram. Here, the economy is currently at point A where the inflation rate is 71 and the output level is Y1. The Reserve Bank's inflation target is or and the potential output level is Y" . In this situation, there is [ Select ] policy trade-off and the Reserve Bank [ Select ] both stabilise inflation and output. AS Inflation, n AD Y1 Output, Y