D Question 1 5 pts Use an aggregate economy framework (AD/AS) to show the effects of the following event on the economy, starting at the long run macroeconomic equilibrium. The federal government raises taxes by 10% to deal with the growing budget deficits. Price Level AD P Real GDP The aggregate demand [ Select ] [ Select] decreases The aggregate supply increases no shift Impact on the economic indicators: real GDP [ Select ] Unemployment [ Select ] Inflation [ Select ] State of the economy: The economy enters into: [ Select ]You have one attempt. You can start the homework, close the page, then come back later to continue working on it. Review your responses before submitting your homework. When you are ready to begin your homework, click the Take the Quiz button below. D Question 1 5 pts Use an aggregate economy framework (AD/AS) to show the effects of the following event on the economy, starting at the long run macroeconomic equilibrium. The federal government raises taxes by 10% to deal with the growing budget deficits. Price Level AD P Real GDP The aggregate demand [ Select ] The aggregate supply [ Select ] Impact on the economic indicators: real GDP [ Select ] Unemployment [ Select ] Inflation [ Select ] State of the economy: The economy enters into: [ Select ] [Select ] recession expansion remains at full employmentU Question 1 Use an aggregate economy framework (AD/AS) to show the effects of the following event on the economy, starting at the long run macroeconomic equilibrium. The federal government raises taxes by 10% to deal with the growing budget decits. an AS Late! 9 lulliDP The aggregate demand [59'9\"] V . The aggregate supply [56'9\"] " Impact on the economic indicators: real GDP [Select] v [ Select ] increases Unempio same / indeterminate v decreases Ination l Select] v State of the economy: The economy enters into: [55'6\"] "