If which of the following situations would stagflation occur? O if real output falls and the price level falls if real output rises and the price level rises O if real output rises and the price level falls O if real output falls and the price level risesIn the diagram below, at which interest rate is there an excess money supply? Interest MS Rate 4% 3 -on d 2 Money Demand Quantity of Money O 4 percent O 2 percent O 0 percent O 3 percentIn the diagram below of a closed economy, what could have caused the economy to move from a to b? Inflation (%) 10 LRAS 9 SRAS 7 6 5 4 3 - 2 AD 0 6 7 B 9 10 Unemployment (%%) either fiscal or monetary contraction O a decrease in price an increase in the price of oil OO a wave of optimism