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Please show your answer clearly, thanks. Consider a closed economy, a tax cut must cause which of the following? 0 no change in output if

Please show your answer clearly, thanks.

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Consider a closed economy, a tax cut must cause which of the following? 0 no change in output if the central bank simultaneously pursues expansionary monetary policy 0 an increase in the interest rate and an ambiguous effect on investment O an increase in the interest rate and an upward shift in the LM curve 0 an increase in the interest rate and a reduction in investment 0 an increase in the interest rate and an increase in investment "Money is neutral" means that a change in the money supply: 0 will not change output in the medium run. 0 will make society neither more nor less moral than it was before. Q will not change the price level in the short run. 0 will not change output in the short run. 0 will not change the price level in the medium run. The aggregate demand (AD) curve is downward sloping because: O an increase in the nominal wage causes a reduction in the amount of output that firms are willing to produce. O as P increases, goods and services become relatively more expensive and individuals respond by reducing the quantity demanded of goods and services. O a reduction in P will cause an increase in the real wage, a reduction in employment, and a reduction in output. 0 a reduction in the aggregate price level (P) will cause a reduction in the interest rate and an increase in output. 0 a reduction in the money supply (M) will cause an increase in the interest rate, a reduction in investment, and a reduction in output

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