In 2023, Germany had a rough year. A disruption to major export markets and economic pessimism at home led to a significant change in output/GDP. The war in Ukraine then leads to a major jump in food and natural gas prices (and a significant change in the price level). What kind of shock(s) is Germany facing (describe type/direction): The European Central Bank (ECB) has a policy of inflation targeting, focused on 2% inflation. Assume it must intervene to restore the price level to its target rate. The ECB can conduct open market ____________ (purchases/sales), which ___ __________ (raises/lowers) the supply of bonds. As a result the money supply curve_____________ (moves left/moves right/is unchanged)