If the economy is in a recession due to a decrease in aggregate demand, the Federal Reserve will want to conduct monetary policy which will overall output and the price level back to its original point. O expansionary; lower, lower O contractionary; lower, lower O expansionary; raise, lower O contractionary; raise, raise O expansionary; raise, raise O contractionary; raise, lower Question 10 2 pts Assume the economy is currently experiencing stagflation. If monetary policy actions result in the price level returning to the original level, economics would say the FOMC conducted monetary policy. O dovish O hawkish