On June 26, 1968, President Lyndon Johnson signed The Revenue and Expenditure Control Act of 1968. The bill included a 10% surcharge (tax increase) on individual income taxes effective from April 1, 1968 through July 1, 1969. The bill represented an attempt to reduce the amount of deficit spending related to the conflict in Vietnam and social programs. To respond to this question, assume that the economy is in equilibrium at full employment before the policy change. Using the aggregate demand-inflation model, explain the expected direction of the shift in the aggregate demand curve, describe the RGDP gap, outline the short-run adjustment in output and inflation, and outline the long-run adjustment in output and inflation