Time left 1:18:59 on Panel (a) Panel (b) Price level Price level P3 SRAS2 P3 t of P2 P 2 estion P P AD2 Y. YP Y2 Y1 YP Y2 Real GDP Real GDP If the economy is in equilibrium at Y1 in panel (a) and the government increases spending, the result will likely be: a. an increase in unemployment b. a decrease in interest rates. OC inflation d. deflation NEXT PAGE CWSEM12022 USE Jump to... V THIS LINK