Complete the following and submit Page 309 Review Questions 1 and 2 see below 1. Which of the following wou verme reduce an inflationary output gap?L01 blowering taxes chcrease overnment spending d. Decreasing over spending 2. The economy isinar con Acongewominus increase sending to r e ad but not the same ring to pay for the increased spending Heretion to com e overment expenditures with The worst possible combination of and expenditure change 1. The best possible combination of tax and expenditure che A mediocre and contradictory.combination of tax and genditure che None of the bove gate sending production income, employment. What are the economic Co n ces, how would they whence the four major sectors After selecting your responses to both oestions explain your answers in detail e economic terms 1 Grand Real GDP Complete the following and submit Page 309 Review Questions 1 and 2 see below 1. Which of the following wou verme reduce an inflationary output gap?L01 blowering taxes chcrease overnment spending d. Decreasing over spending 2. The economy isinar con Acongewominus increase sending to r e ad but not the same ring to pay for the increased spending Heretion to com e overment expenditures with The worst possible combination of and expenditure change 1. The best possible combination of tax and expenditure che A mediocre and contradictory.combination of tax and genditure che None of the bove gate sending production income, employment. What are the economic Co n ces, how would they whence the four major sectors After selecting your responses to both oestions explain your answers in detail e economic terms 1 Grand Real GDP