Suppose the monetary policy curve is given by r = 1 + 0.571, and the IS curve is given by Y = 11 - r. 1. Provide an expression for the aggregate demand curve. t of 2. Estimate aggregate output when the inflation rate is 3%, 5%, and 6%. Select one: O a. 1. Y= 12 + (0,5 inflation rate) 2. 8.5, 7.5, and 7, respectively, O b. 1. Y = 10 - (0.5*inflation rate) 2.8, 6, and 5, respectively O c. 1. Y = 10 - (0.5 inflation rate) 2. 8.5, 7.5, and 7, respectively d. 1. Y= 12 +(0.5*inflation rate) 2.8, 6, and 5, respectively