Suppose the Government decreased taxes. Which of the following most accurately depicts the chain of events that would follow in a closed economy?

Question $8$ options:

T $->$ C $->$ AE $->$ inventories decline $->$ Y $$

T $->$ C $->$ AE $->$ inventories rise $->$ Y $$

T $->$ C $->$ AE $->$ inventories decline $->$ Y $$

T $->$ C $->$ AE $->$ inventories rise $->$ Y $$