Refer to the following figure (an aggregate supply/aggregate demand model) when answering the following questions.

Figure 13.4: AS/AD Model

?

Use the aggregate supply/aggregate demand model in Figure 13.4 to answer the following scenario. The central bank lowers the inflation target from 5% to 3% cause the economy to initially to move from point ________ to point ________; eventually the economy returned to the steady state at point ________.

Group of answer choices

a; d; a

Not enough information is given.

a; b; c

c; d; a

c; b; c

AS ASo b ADo AD1