The following is a short arcle indicang that the Treasury sold some of its bonds, which allows the treasury to atempt to manage the federal deficit. Your essay should explain whether such acon by the Treasury could slow inflaon by (1) explaining whether this acon will facilitate "crowding-in" or

"crowding-out", and use the appropriate graph to support your explanaon; (2) Explain the potenal effect of this acon on GDP, and use that same graph to support your explanaon. (3) Present current informaon on inflaon (CPI), unemployment rates and GDP growth to depict the range of the aggregate supply curve you believe best reflects the current state of the US economy and how this informaon reveals the potenal inflaon effect and GDP growth effect derived from the treasury selling bonds to slow the growth of the debt. US Treasury sells $22B in 30- year bonds at 4.331% amid solid demand AuthorYasin Ebrahim Stock Markets Published 03/13/2024, 01:23 PM Updated 03/13/2024, 01:23 PM US Treasury sells $22B in 30-year bonds at 4.331% amid solid demand | Investing.com -- The US government sold $22 billion of 30-year notes on Wednesday at a lower-than-expected yield, pointing to strong demand and confidence that the Federal Reserve will follow through on rate cuts this year. The notes were awarded at 4.331%, below the pre-sale, or when-issue, rate of 4.352%, underscoring stronger-than-expected demand for duration as bets on the Fed cutting rates as soon as June. The 30-year Treasury traded at 4.332% following the news, down from the day's high of 4.359%, dragging other Treasury yields including the yields on the 10-year treasury lower