The small open economy of Hundred Acre Wood has a fixed exchange rate and is initially in short-run equilibrium. An outbreak of bee colony collapse disorder has caused the price of honey, a key component in production/consumption in the economy, to skyrocket. As a result the nominal price level suddenly doubles. In the new short-run equilibrium:

Cut government spending on goods & services and increase taxes (only)

Increase government spending on goods & services (only)

Cut taxes (only).

Cut government spending on goods & services (only)

Increase taxes (only).

Decrease the money supply (only).

Devalue the exchange rate

Decrease the money supply, cut taxes and cut government spending on goods & services.

Decrease the money supply, cut taxes and increase government spending on goods & services.

Revalue the exchange rate

Cut taxes and cut government spending on goods & services.

Decrease the money supply, increase taxes and increase government spending on goods & services.

Increase the money supply (only).

Cut taxes and increase government spending on goods & services.

Increase taxes and increase government spending on goods & services.